Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report.
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Feed SubscriptionGASB proposes new implementation guidance on leases and more
The exposure draft covers leases, fiduciary activities and other topics.
Read More »New GASB leases standard could be as difficult to implement as FASB’s
The Governmental Accounting Standards Board is giving state and local governments extra time to implement its new leases standard because of the coronavirus pandemic, and they will need it.
Read More »Companies struggling with lease accounting standard, coronavirus
More than half the companies that completed their first audits under the new standard needed to make an extra effort.
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