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Partners in property: Why new lease accounting rules will force real estate and finance to work together
To comply with new lease accounting standards governing leases, businesses’ real estate and finance functions will need to collaborate via property management technology
Why New Accounting Standards Will Raise Real Estate’s Corporate Profile
New accounting standards on leases represent a burden for real estate, but functions that leverage their property management technology effectively have an opportunity to become trusted strategic advisers to the business Property will account for a sizeable chunk of the $2.8trn worth of assets that will move on to the balance sheets of publicly-listed companies once … Continued