March 15, 2010

5 GAAP/SOX Rules You Need to Know

Lucernex expert Jim Duport (see Jim’s management summary here) discusses the 5 rules you need to know about GAAP/SOX. Learn more about Lx LseMod Corporate for lease analysis including GAAP impact.

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1. Rent straight-lined over the term if rent increases are known.

Impact: First Fiscal year cost will increase