Change In Accounting Rules Impacts Commercial Real Estate
July 15, 2010The U.S. Financial Accounting Standards Board (FASB) has been working to integrate its standards with those used internationally. It is therefore considering changes to accounting rules that would impact how businesses report commercial real estate leases on their balance sheets. The article below describes the proposed accounting standard, outlines the implications for businesses and for the broader commercial real estate industry, and answers some of the commonly asked questions regarding the proposed FASB changes.
