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The implementation of ASC 842 adds layers of complexity to the lease vs. buy decision for private companies in the construction industry.
Weaver’s construction accounting team offers suggestions to help avoid costly mistakes due to misguided accounting and financial practices.
PodcastIn this edition of Weaver: Beyond the Numbers, Weaver’s Partner-in-Charge of Real Estate Services, Howard Altshuler, spoke about how different the FAS 66 was prior to the new guidance saying that, “FAS 66 had prescriptive requirements that would enable a company to recognize revenue on a real estate sale.
On this episode of Weaver Beyond the Numbers, Real Estate Edition, Howard Altshuler, Partner-in-Charge, Real Estate Services for Weaver and Rob Nowak, Partner, Tax Services for Weaver were joined by Andy Freundlich, Partner, Assurance Services for Weaver for a lively discussion on risk assessment and management in real estate.