Regulatory Updates Blog
A Quick Guide to GASB 96:Government Accounting for Subscription Software
GASB 96 has garnered significant attention recently, as it was issued on May 20, 2023. In this comprehensive guide, we will delve into what GASB 96 is, and its purpose for subscription-based information technology arrangements. Subscription-Based Information Technology Arrangements (SBITAs), also known as SBITAs, refer to contractual agreements between government entities and technology service providers.…
Read MoreA Guide to ESG in Commercial Real Estate
The future of commercial real estate is becoming increasingly tied to Environmental, Social, and Governance (ESG) considerations. Investors and tenants place greater emphasis on sustainability and social responsibility. In turn, companies are adapting by incorporating ESG principles into their operations. Environmental, Social, and Governance (ESG) refers to the three key areas that companies and investors…
Read MoreNOTED: ESG Impacts to Healthcare RE Investment
Environmental, social, and governance (ESG) considerations have become increasingly important in the real estate investment community. In healthcare real estate, ESG factors have emerged as critical drivers of investment decisions. ESG factors can impact investment returns and play a significant role in shaping the future of healthcare real estate. ESG in Healthcare Real Estate Healthcare…
Read MoreASC 842: Keeping a Lease on the Balance Sheet
If you are not using lease administration software, managing your business’ financial documents can often be difficult to navigate. The GAAP (generally accepted accounting principles) rules and regulations implemented by the Financial Accounting Standards Board (FASB) and the U.S. Securities and Exchange Commission (SEC) are constantly evolving. One of the most tedious tasks is categorizing…
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