This year, it is more important than ever to prepare for year-end lease administration activities. During a year where some leases were modified for pandemic...
Many retailers are demanding better terms from landlords as the COVID-19 pandemic slows sales, such as paying a percentage of their sales as rent rather...
Under the current ASC 842 lease accounting rules, rent concessions and other lease modifications could trigger the remeasurement of right of use assets and lease...
Heightened concern over the spread of coronavirus is building worldwide consistent with the increase in number of confirmed cases. The virus has been reported in...
Balance sheets across numerous industries showed large increases in lease liabilities due to ASC 842 adoption. Financial institutions saw the greatest increase across average lease...
