2019 Real estate accounting and reporting

2019 Real estate accounting and reporting

The impact of new standards and guidance

real estate

Our annual real estate and reporting update is intended to provide our perspectives on how to address the key financial reporting and regulatory issues the industry and real estate organizations are facing. While new revenue and leasing standards will affect real estate companies to varying degrees, these changes undoubtedly present challenges as the standards are applied and organizations begin to measure the level of impact.

This year’s report provides technical insights on accounting rules that went into effect in 2019, such as the new leasing requirements, revenue recognition for private companies, and other changes to existing U.S. GAAP.

© 2023 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

Connect with us