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Lease Accounting | Occupier

Our dedicated team of specialists, with expertise across all asset classes, ensure that the best possible solutions are provided to clients wherever needs arise.

Overview

 

GLOBAL LEASE ACCOUNTING STANDARDS ARE CHANGING…
HOW WILL THIS IMPACT YOUR LEASING STRATEGY?

Fundamental changes are coming to how lease obligations are reported. Is your organization prepared for the January 2019 deadline? Do you understand the impact of the new lease accounting standards and what effect these will have on your balance sheet and current and future leasing strategy?

CBRE has specialist teams and tools dedicated to advising occupiers on how to prepare for the new global financial accounting standards taking effect in 2019/2020. Our experts can also provide strategic advice on current and future leasing strategies that are both market focused (outward-facing) and occupier focused (inward-facing) to ensure optimum decision-making.

 

How can CBRE help you?

 

  • Assessment and Readiness Planning
  • Targeted Abstraction
  • Program Management of Document and Data Services
  • Technology Provision
  • Lease & Financial Administration Services
  • Lease Accounting Services

 

CONTACT US FOR FURTHER INFORMATION

CBRE has developed a web-based tool to allow you to prepare a high-level lease analysis based on either the new or existing FASB or IASB standards.
Global Lease Accounting Calculator

CBRE Global Lease Accounting Task Force

 

The CBRE Global Task Force on Lease Accounting was established in 2010 with the sole puprose of tracking the developments of this significant initiative and the potential implications to companies' go-forward real estate strategies.

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Locating Leases

You know the deadline is January 1st 2019. You understand you need to prepare. The company has mobilized its Corporate Real Estate (CRE) and Finance teams to get started.

The Clock Is Ticking, Get A Head Start

When one thinks about 2019, it does still seem pretty far off. When it comes to the new lease accounting standards however, and the scale of the work and resources needed to prepare, it is just around the corner.

System Solutions, Do You Have One?

Is your existing Lease Administration system ready for the new standards? Many occupiers continue to use Excel which will not support the auditor’s needs.

Software To The Rescue!

With the new lease accounting standards taking effect from January 1st, 2019, companies need to start their preparation. Questions often associated with this are: “Does everything really go on to the balance sheet?”

It's Not Just A One-Time Project

A recent trend among companies preparing for the new Lease Accounting standards has been the appointment of non-specialist real estate companies to abstract data so that calculations are available for day one of the new standards.

Related Services

As the largest global provider of Lease Administration, responsible for over 150,000 leases annually, we create value through portfolio analytics, process implementation, desktop audits, savings initiatives, compliance, systems knowledge, and portfolio and asset-level reporting.
Delivering unmatched strategy, innovation and execution to drive advantage for all occupiers
CBRE Corporate Capital Markets provides unbiased advice, analysis, and execution capabilities for alternative capital solutions for corporately owned and occupied real estate.
CBRE's Global Task Force on Lease Accounting supports CBRE professionals and clients in understanding the technical aspects of the new lease accounting standards, as well as the implications to a company's financial statements and go-forward real estate strategies.

Our Team

Peter Kitchin
Portfolio Services, Americas Leader
Advisory & Transaction Services
+1 415 772 0275
Libra Burress
North America Finance Lead
Global Workplace Solutions, Portfolio Services
+1 901 620 3032
Jeff Beatty
Senior Managing Director
Financial Consulting Group Director, Global Task Force on Lease Accounting
+1 602 735 5608
+1 602 735 5655