The abstract is a guide for the lease document, touching on important items, including the landlord and tenants’ information, rent information, term of lease, etc....
This is more true than ever with recent changes in FASB/IASB lease accounting standards. Scribcor Global’s team lives and breathes all aspects of lease administration,...
A well-executed lease abstract is accurate and up-to-date, with all important information summarized, so you can make wiser decisions when managing your interests....
These changes affect how leased assets are reported in a company’s financial statements. Under the new rules, all leased assets, from office space to copiers,...
A lease abstract summarizes specific, key information from a lengthy lease document and makes it available for users to monitor, review and update easily. The...
A lease abstraction is a summary of the most important and relevant information and data from a lease document. Scribcor Global’s abstraction process breaks the...