As two of the accounting world's major governing bodies—the FASB and the IASB—converge, they're scrutinizing how businesses track lease expenses. Under existing accounting standards, a majority of leases are not reported on a lessee's balance sheet. But accounting rules are changing and Raleigh business owners will now be effectively shifting leases from off balance sheet to on-balance sheet reporting. To explain these changes and how you can prepare your business, I've turned to Ron Smith, CPA of Partner, Katz, Sapper & Miller. Click here for full report, or read a sample below: 1. What’s at Stake Accounting rules require companies to keep two basic financial statements: A balance sheet l
Click here for Colliers 4Q14 Triangle Office Market Report! Click here for 4Q14 Industrial Market Report! Here’s your Capital Compass perspective: 2014 came to a close with record breaking numbers in the Triangle. Central Business districts in the Triangle set record vacancy rates while building sale numbers also hit high levels. Raleigh business owners and tenants will find interesting: Downtown Vacancy levels dropped to a record setting 8.2% by the end of 2014. 2013 to 2014 Market Comparison: RTP area posted the highest absorption of office space, with 210,662 SF in 4Q14, bringing in a record vacancy rate of 18.7% for RTP. How does this apply to business owners and tenants? Raleigh offic
