Tag Archives: Lease Accounting Standards

New Lease Accounting Standards Are Taking Effect. Are You Ready?

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By: Jeff Karger, Senior Vice President, JLL and Bob Horn, Senior Vice President, JLL 

Between now and 2019, new accounting standards from the Financial Accounting Standards Board (FASB) require companies to cite their corporate leases of 12 months or more on their balance sheets.

In the past, companies were able to list their building and equipment leases as operating expenses. Now, in an effort to be more transparent, these companies will be required to include their leases as line items.Read More