2020 Real Estate Accounting Guide - Deloitte United States
The latest edition of our annual update highlights selected accounting and reporting developments that may be of interest to real estate entities. The most notable developments in 2020 include the FASB’s issuance of an ASU that allows companies to defer adoption of the Board’s new standards on revenue recognition (ASC 606) and leasing (ASC ...
Real Estate Accounting Guide 2023 2 Contents Foreword 3 Part 1. Accounting of real estate investment 4 Introduction 5 1. Investment property – definition 6 2. Acquisition of investment property 8 3. Measurement of investment property at acquisition or during construction 16 4.
Real estate accounting insights: An in-depth analysis of hot topics
Dec 19, 2024 · 1.0 Overview CPE credit | Accounting. As you prepare for the upcoming 2024 year-end financial reporting season, join us for a deep dive into real estate accounting hot topics and regulatory updates that are shaping the industry, including standards and rules from the Financial Accounting Standards Board and the Securities and Exchange Commission.
accounting and reporting standards that real estate entities need to start preparing for now; (2) “On the Horizon,” which discusses standard-setting topics that will affect real estate entities as they plan for the future; and (3) “Other Topics” that may be …
Nov 23, 2020 · Real Estate Industry — Professional Practice Director +1 214 840 7043 [email protected] Jim Berry U.S. Real Estate Leader +1 214 840 7360 [email protected] Karen Cronin Real Estate Industry — Audit Leader +1 212 436 3011 [email protected] Patrick Scheibel Real Estate Industry — Deputy Professional Practice Director +1 312 486 4954
2025 commercial real estate outlook - Deloitte Insights
Renea Burns has 20 years of public and industry accounting experience with a focus on the real estate industry since 2008. Her clients include public and privately owned companies, including real estate investment trusts (publicly traded, non-traded, and private), owners, operators, developers, as well as investors in mortgage or mezzanine ...
Dbriefs | Real Estate | Deloitte US - Deloitte United States
Year-end tax policy update and current tax topics for real estate December 19, 2024. Real estate accounting insights: An in-depth analysis of hot topics December 19, 2024. 2025 commercial real estate outlook: Turning the corner October 1, 2024
ASU 2014-09 will significantly affect the accounting for real estate sales. The ASU eliminates the bright-line guidance that entities currently apply under ASC 360-20 when evaluating when to derecognize real estate assets and how to measure the profit on the disposal.
Real estate rationalization - Deloitte United States
Lease Accounting — Real Estate Rationalization 101: Current Market Trends and the Potential Accounting Implications From a Lessee’s Perspective It has been more than a year since the onset of the coronavirus disease 2019 (COVID-19) pandemic, which has had a pervasive impact on the global economy and has significantly changed how entities in ...
IFRS 15 insights for the real estate industry - Deloitte Canada
IFRS 15: Revenue from Contracts with Customers. Background In May 2014 the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) jointly issued Revenue from Contracts with Customers (IFRS 15 under IFRS and ASU 2014-09 (Topic 606) under US GAAP), a generally converged standard on the recognition of revenue from …