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Tag: Lease Accounting

Leased office space with retail options

SEC Exercises Patience in Enforcing New Lease Accounting Standard

Leased office space with retail options

Parents have an instinctive sense of which household rules to enforce ruthlessly (“don’t lie” comes to mind), and which to be more lenient with (curfews, maybe). As it turns out, the same can be said of the Securities and Exchange Commissio...

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Caution: Slow Road Ahead

EGCs Say Not So FASB on New Lease Standard

Caution: Slow Road Ahead

You’ve been worried about facemasks. You’ve been worried about antibody tests. You’ve been worried about whether your seventh grader’s brain is atrophying, and also why her school district is sending so very many emails. The last thing you...

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Empty mall interior owned by Duke Realty in black and white

FASB Gives Issuers a Break on Tough Lease-Accounting Questions

Empty mall interior owned by Duke Realty in black and white

As the pandemic keeps brick-and-mortar businesses shuttered across the country, landlords are giving concessions to retailers, restaurants and offices that have been closed through no fault of their own. That’s welcome news for tenants. But...

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Under Armour's lease accounting issues during pandemic.

Pandemic Raises Key Lease Accounting Issues

Under Armour's lease accounting issues during pandemic.

The changes to lease accounting that took effect in 2019 for large public companies culminated a protracted process that dramatically altered their financial reporting. Just a year later, the coronavirus is putting the new accounting standa...

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