Market Analytics and Tenant Data Help Companies Discover Cost Savings
Commercial real estate and finance executives need to understand market trends to make informed, economically sound decisions. Without the ability…
Lease Accounting Software with CoStar Commercial Real Estate Market Data for Current FMVs
CoStar’s lease accounting software helps companies evaluate the ASC 842 lease classification tests for fair market value by providing them…
Understanding ‘Closing the Books’
What is “Closing the Books”? In accounting, the word “books” refers a company’s record of financial transactions. The term “closing…
Understanding SOC Reports
Understanding SOC Reports for User Clients An organization that relies on service organizations to provide information technology services needs to…
Accounting for Lease Incentives
What are Lease Incentives? Lease incentives, sometimes called tenant inducements, are enticements lessors provide to encourage lessees to sign a…
Automating the Roll Forward Report
Roll forward reports, commonly requested by auditors for each audit, have long been known for being demanding and taxing on…
Automating the Incremental Borrowing Rate for Lease Accounting Calculations
As companies manage their lease portfolios, they often need to update their discount rates to perform accounting calculations for new…
FASB Simplifies Accounting For COVID-19 Lease Concessions
Organizations suffering from the fallout of COVID-19 can now account for lease concessions as a variable expense regardless of whether…
Companies May Treat Cotenancy Clauses As Variable Expenses
Cotenancy clauses may need to be accounted for when social distancing ends if some stores don’t reopen their doors. Cotenancy…
COVID-19 and Lease Accounting with CoStar
The coronavirus pandemic (COVID-19) has impacted business, and life in general, in many ways. The impact to financial statements will…