For companies with a large portfolio of leased properties, the post-pandemic, shifting workplace policies and changing consumer preferences are putting pressure on location and facility decisions. Historically, there was greater stability of corporate properties as own vs. lease decisions were made prior to occupancy. Companies renewed most leases greater than 85% of the time and … Continued
Unlocking Hidden Value for Shareholders As I approach a milestone birthday I am amused by how the arc of my career has come full circle. As a brand new IBM sales trainee in 1980 my first assignment was to create a rent vs own analysis to convince companies that were renting rooms full of the … Continued
In the years leading up to the 2019 Transition Date for ASC 842 and IFRS 16, we authored a couple of articles on FASB’s Gift and Moneyballing CRE where we projected that the significant investment in new systems, data assembly, financial integration and new processes and controls would pay substantial dividends in the overall asset … Continued
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the last in a series of articles to provide detail for each of those wish list items.
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the seventh and eighth in a series of articles to provide detail for each of those wish list items. 7 & 8: Dedicated Internal Resources & Internal System … Continued
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the sixth in a series of articles to provide detail for each of those wish list items. 6: Willingness to Listen to Experts The old lease … Continued
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the fifth in a series of articles to provide detail for each of those wish list items. 5: Early Vendor Involvement With many companies yet to adopt the … Continued
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the fourth in a series of articles to provide detail for each of those wish list items.
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the third in a series of articles to provide detail for each of those wish list items.
Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the second in a series of articles to provide detail for each of those wish list items.