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REGISTER NOW Businesses are downsizing their office space and renegotiating leases as employees work from home, and they need to look at how they’re accounting for the leases under the new rules. A recent poll from Deloitte found that two-thirds (66.9%) of companies surveyed have launched or plan to initiate a study looking at how they use real estate in the post-pandemic world. Deloitte’s recent report, related infographic, discuss the various considerations and issues of the leases standard from the Financial Accounting Standards Board, known as Topic 842 or ASC 842 for its number in FASB’s Accounting Standards Codification. Since the pandemic spread across the U.S. last year and organizations responded by closing their offices and asking employees to work from home, companies have been rethinking their real estate strategy, exiting space before a lease ends, modifying their lease agreements to accommodate extra space for social distancing and increasing their real estat

Matt hurleyTim kolberInternational financial reporting standardsInternational accounting standards boardFinancial accounting standards boardமேட் ஹர்லிசர்வதேச நிதி புகாரளித்தல் தரநிலைகள்சர்வதேச கணக்குவைப்பு முறை தரநிலைகள் பலகைநிதி கணக்குவைப்பு முறை தரநிலைகள் பலகை