Articles

For Lease Administration and Lease Abstraction purposes, the data must be accurate,relevant, timely, complete, well-understood, and trusted....

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,...

That’s the process for Scribcor Global’s approach to lease abstraction, resulting in a thorough and effective report for our abstraction clients....

While we maintain a software agnostic approach and do not advocate any one system over another, we can recommend lease administration systems that are a...

Nuanced and conflicting legal language can create a minefield of potential errors, omissions, mistakes in interpretation and missed opportunities that can cost millions of dollars...

Scribcor Global believes that quality data is key, and that data integrity is mission critical to all aspects of the lease administration cycle. Scribcor Global...

A lease abstract should be prepared in an easy-to-read format, ideally one that is also easily updated are changes are made throughout the life of...

The new lease accounting standard technically applies to all leases from real estate to office equipment. “In reality, however, there is some level of materiality...