International real estate investment trusts (REITs) and private equity funds account for the majority of worldwide real estate investment. This article features a comparison of U.S. GAAP and IFRS reporting.
The Treasury and the IRS released a second more robust set of QOZ and QOF proposed regulations. These new qualified opportunity zone proposed regulations include a working capital safe harbor, the original use of the business, leased tangible property and basis requirements.
ASC 842 has significantly changed the guidance in determining whether the lessee is the accounting owner of the asset under construction in a built-to-suit lease arrangement. If a company is not considered the accounting owner there is no sale or leaseback guidance.
June 01, 2018
Partner-in-Charge of the firm’s Personal Wealth Advisors Group Tim Speiss gave a sneak peek at the Federal Reserve’s recent summary of current economic conditions—the Beige Book. He highlighted activity in the transportation and farming sectors, as well as the impact of tariffs and labor shortages on the economy.
