In the world of leasing agreements, there can be some confusion when it comes to the terminology used by attorneys and accountants. One such term is the “lease commencement date.”…
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The Visual Lease blog
Key Takeaways What CAM Charges Are: Common Area Maintenance (CAM) charges cover shared property expenses like lobbies, hallways, parking lots, landscaping, and utilities. CAM fees are the actual amounts tenants…
When it comes to real estate and leasing agreements, terms can sometimes get a bit muddled. One such pair of terms that often find themselves used interchangeably are "lessee" and...
Read MoreA finance lease (formerly capital lease) transfers ownership risks and rewards to the lessee, with expenses recognized separately as asset amortization and interest. An operating lease involves no ownership transfer,...
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Rent is one of the largest expenses that companies face, and it's critical to properly account for it. Under ASC 842, rent is accounted for in two different ways: accrued...
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Organizations are increasingly seeking flexible lease options, with short-term leases, leases with a maximum term of 12 months or less, becoming more popular. Lease accounting standards treat different lease lengths...
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The stakes are high when it comes to choosing a lease accounting platform, because it directly affects the accuracy of your company’s financial reporting. Just about every firm working to…
In the continuing exploration of the intersection between Environmental, Social, and Governance (ESG) reporting and the evolving landscape of real estate management, our series on ESG innovation dives deeper into…
Corporate real estate benchmarking is an important process for companies to maximize the value, efficiency, and impact of their real estate assets. This article dives into the fundamentals of corporate…
Off-balance sheet financing is an accounting method where certain assets or liabilities are arranged so they are not reflected on a company’s balance sheet. Instead, these items may be disclosed...
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