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The Importance of Accurate Financial Planning for Commercial Real Estate - Scrubbed

The Importance of Accurate Financial Planning for Commercial Real Estate

Commercial Real Estate leaders know that the business is all about making informed investment decisions, maximizing returns, and mitigating risk. Accurate financial planning is critical to achieving these goals and ensuring long-term success.

Financial planning for commercial real estate is a crucial process that involves assessing the property’s current financial status, setting financial goals, and projecting income and expenses, cash flow, and potential returns over a specific period, typically 5-10 years. A strong plan will also include strategies for reducing expenses, increasing revenue, and managing debt.

Basic of ASC 824 Leases

The Basics of ASC 842, Leases

The growing concern around the previous lease guidance, Accounting Standards Codification (“ASC”) 840, has finally been addressed as the Financial Accounting Standards Board released its long-awaited leasing standard, ASC 842, Leases, in February 2016. The main criticism of the previous lease guidance is that it… Read More »The Basics of ASC 842, Leases