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Flexible office news.

The latest news from the world of flexible offices.

FASB 13

FASB 13

November 25, 2010

The IASB and the FASB are developing new accounting standards that will completely overhaul the way leases are reported on financial statements, significantly impacting return on assets and other key financial ratios. The new standards would require all leases to be capitalized on the companies balance sheet and replace rent payment expense reporting with interest and depreciation expense reporting.

Contact us to discuss how we can help you structure and plan your office needs to minimize financial impact.

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