Impact of Covid-19 on lease accounting and importance of efficient data management
Friday, 06 November 2020 / Published in Lease Accounting, Real Estate
Impact of Covid-19 on lease accounting and importance of efficient data management
The coronavirus pandemic has dramatically impacted business operations around the world significantly altering financial disclosures, forecasts, and reporting processes. It has had a major impact on lease accounting particularly, the assessments and assumptions that were previously valid may no longer hold. This is making lease data management and accounting a herculean task further compounding the
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Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact
Monday, 20 April 2020 / Published in Lease Abstraction, Real Estate
Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact
The impact of the COVID-19 pandemic on your commercial real estate business is undeniably unprecedented and significant. Landlords are compelled to revisit their commercial lease to look for provisions that can help them navigate this crisis and defer and abate rent. However, the deluge of information, shifting situation and legal intervention pose massive challenges in
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