Change In Accounting Rules Impacts Commercial Real Estate

Change In Accounting Rules Impacts Commercial Real Estate

July 15, 2010 Off By Chris

The 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.

Insights: Lease Accounting Changes