Companies throughout the U.S. are flooding the market with office space to sublease as landlords already face weak...
Curated Content Articles
Articles selected by the Scribcor Global team.
FASB Improves Discount Rate Guidance for Lessees that are not Public Business Entities
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that improves discount...
Retail Tenants and Landlords Evaluate Potential New Rent Arrangements due to COVID-19’s Impact on Sales
Many retailers are demanding better terms from landlords as the COVID-19 pandemic slows sales, such as paying a...
Retail Tenants and Landlords Evaluate Potential New Rent Arrangements due to COVID-19’s Impact on Sales
Many retailers are demanding better terms from landlords as the COVID-19 pandemic slows sales, such as paying a...
IASB Proposes Coronavirus Relief on How Companies Account for Their Rent Concessions
Under the current ASC 842 lease accounting rules, rent concessions and other lease modifications could trigger the...
ASC 842 Adoption Leads to Sharp Increases in Reported Lease Liabilities on Balance Sheets
Balance sheets across numerous industries showed large increases in lease liabilities due to ASC 842 adoption....
Are you in control of your lease data and lease accounting processes or are they in control of you?
If you are struggling with maintaining your lease data to stay in compliance with lease accounting standards, here are...
A New Trend for Performance Metrics?
In the aftermath of lease accounting standards ASC 842 and IFRS 16, public companies are now evaluating the impact of...
Private companies falling short on lease accounting standard
Approximately 40 percent of private companies are behind schedule on implementing the new lease accounting standard or...
Companies Are Moving Slowly on ASC 842
Here's a look at issues companies will face in implementing the new lease accounting standard. Read More
CFOs Uncover Surprise Savings as They Implement New Lease-Accounting Rules
"As finance executives analyze thousands of lease contracts to comply with new rules, they’re rewarded with potential...
Does your company comply with the new lease accounting standard?
"Many companies still have plenty of work to do to comply with the new lease accounting standard. What’s holding them...