Changes in leasing accounting standards may benefit REALTORS®. Proposed FASB/IASB rule changes now under review would require companies to report all of their leases on their financial statements and may impact their financial ratios. The proposed rules would treat a lease similar to owning the property, which may change not only how you look at a lease on the balance sheet but how you do business as well. Business owners may ask, “If there is no benefit to leasing from a GAAP reporting standpoint, maybe we should consider buying our real estate?”
Hear CCIM’s perspective on the positive impact of these changes for the commercial real estate professional and be prepared if these changes go into effect. Register now for CCIM’s live virtual session “The New Leasing Accounting Standards – Land of Opportunity?” October 20, 2015 from 12 p.m. – 1:30 p.m. CST. REALTORS® receive a discounted registration rate of $110 (log in to receive lower rate).
Champaign County Commercial REALTORS® will also be interested in Tom Lundstedt’s classroom course October 21 in Savoy, Ill. “Big League Hardball: An Advanced Workshop for Commercial Investment REALTORS®.” Call 217-356-1389 for more information and to register.