The final FASB (GAAP) Lease Accounting Standard was released today. It has been a long time (2006) since the IASB and FASB (IFRS) endeavored to increase transparency and consistency in accounting standards.  Ultimately the two bodies did not agree on everything and there are still two standards, but they are much more similar than before. Additionally,...Read More

If you have been following the ongoing joint efforts of the FASB and IASB (IFRS) to converge and change lease accounting standards, it has been a long road.  Globalization, the financial crises and several bad actors, like Enron, brought the two boards together to change accounting methods for more consistency, transparency and reliability.   Two years after...Read More

CBRE Project Management recently gave a presentation on changes to California Building Standards Code aka “Title 24” that will take effect on January 1st, 2014. The new requirements are aimed to “reduce energy bills, increase energy delivery and reliability, and improve economic conditions for the State of California” (Hah!). Any projects that apply for permit on...Read More

If you live in California you are used to new laws encumbering business seemingly everyday.  Well, this month is no different.  California has two new regulations that are supposed to take effect on July 1, 2013, the Accessibility Statute and the Energy Disclosures Regulations.  But of course, the state isn’t quite ready for the onslaught...Read More

Are the anti FASB change voices loud enough for the government to hear? http://ow.ly/fOFs6 #TenantRepresentation #CoreNet #SIOR @CBRESoCalRead More