Real estate footprints are changing now more than ever. Right-sizing square footage and shifting locations sometimes trigger abandonment, impairment, or termination lease accounting rules. Growing through mergers and acquisitions triggers business combination lease accounting rules. Knowing how the results will be presented on financial statements can help inform decisions and ultimately help real estate professionals present the best possible results.
Key Takeaways will be:
- Understand the difference in termination, impairment, and abandonment lease accounting rules.
- Understand the basics of business combination lease accounting rules.
- Become better equipped to discuss transaction impact on the P&L.
CPE Credit Information
Subject Area: Accounting
Course Level: Overview
Instructional Method: Group Internet Based
Prerequisites: None
Advanced Preparation: None
