For project and transactions managers, the workflows and approvals related to everyday real estate transactions can be demanding and complicated. It doesn’t have to be that way with CoStar Real Estate Manager. Our upcoming webinar, Talking Transactions, is happening on May 9 at 1 pm ET. Solutions Expert Donovan Fernander will show you how to uncomplicate the execution of new leases, renewals, relocations, dispositions and more.
Join us for this in depth conversation with Tim Kolber from Deloitte as we discuss the latest news regarding FASB's changes to Leases as it relates to Leases under Common Control, and we will also chat about other topics such as: performing renewals but making them effective on the day after the original lease expires vs. on the signing day. Using an accumulated depreciation account instead of the ROU asset account for amortization under 842 and, if it is necessary.
Companies that have adopted ASC 842 and IFRS 16 lease accounting rules have quickly realized that the go-forward operational needs of lease accounting quickly overshadow the initial compliance event. This is because leasing operations and changes continue. Accountants can spend hundreds of hours throughout the year addressing remeasurements. In this webinar, lease accounting experts will get into the topics that you deal with every day: ROU asset impairment, ROU asset abandonment, and an overview of other lease modifications that busy professionals need to know. Hosted by Matt Waters, CPA, and Director of Lease Accounting at CoStar Real Estate Manager and Tim Kolber, Managing Director of Accounting and Reporting Advisory Service at Deloitte.
