Building Success: A Real Estate Podcast
About This Show
Filling an unmet need in the commercial real estate industry, Building Success: A Real Estate Podcast strives to be an educational, informative and occasionally irreverent look at the news, issues and trends affecting owners, operators, and investors. Nicholas Frank, MRI Software marketing leader, real estate trend watcher and recovering attorney is your information broker as he talks to guests from across the industry who share their observations and expertise in a fast paced and engaging format. Tune in to hear about the latest technologies, regulations and standards impacting the industry, and hear from industry leaders who are employing best practices that make commercial and residential real estate companies more efficient.
Most Recent Episode
Episode 02 - New Financial Lease Accounting Standards
On this episode of Building Success: A Real Estate Podcast, I speak with Marcus Scholes and Steven Fox, regarding the upcoming changes to the financial standards for those acting as lessees. Both the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have introduced new rules on what leases must show up on financial statements. Marcus and Steve provide a background into the need for these updates, and how companies can best prepare themselves for the financial changes ahead.
You can find MRI Software's Lease Accounting Standards resources at: https://www.mrisoftware.com/lease-accounting-standards/
For more information on this topic from Steven, check out his article here: https://economia.icaew.com/en/opinion/january-2018/managing-the-implications-of-ifrs-16?lipi=urn%3Ali%3Apage%3Ad_flagship3_detail_base%3BQCFwGMGlSNKYGzNc6GIqGg%3D%3D#.Wnq559geNuw.linkedin
You can also download the "Road to Readiness" by Real Asset Managment here: https://www.realassetmgt.com/articles-papers/white-papers/lessee-accounting-road-map.html