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Gasb87

What is GASB 87 Leasing?

The new GASB 87 lease accounting standard is a significant change in accounting for government agencies and government organisations. The Governmental Accounting Standards Board (GASB) developed this standard to improve the recognition and presentation of leases in the financial statements of governmental entities. GASB 87 became effective on 15 December 2019 and has a significant impact on the accounting and financial reporting of government entities. The new standard replaces GASB 13 and introduces significant [...]

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Modern property management display with digital city models and data visualisations for CAFM software solutions.

Trends in the commercial property market: focus on the construction industry

The commercial property market in the construction industry has experienced rapid development in recent years. The increasing demand for modern and sustainable commercial property has led to a lively construction activity. Companies are increasingly looking for properties that not only meet their operational requirements, but also fulfil ecological and social standards. This trend has led to the increased development of commercial properties that are energy-efficient, environmentally friendly and resource-conserving. In addition, digitalisation and automation have

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Cybercrime

What is NIS2?

The EU Cybersecurity Act is an important step towards strengthening cybersecurity in the European Union. A central component of this act is NIS2, the second Network and Information Security Act. NIS2 aims to improve the security of networks and information systems in the EU and increase resilience to cyberattacks. In this article, we will take a closer look at NIS2 and discuss its significance for companies and operators of critical infrastructures.

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Statics explained: The importance of forces and equilibrium in building construction

Structural analysis is an important area in the construction industry that deals with the forces and balances in structures. In this blog post, we will provide a comprehensive overview of statics and explain its importance in the construction industry. We will look at various topics such as forces, equilibrium, static systems, structures, loads, stress and strain calculations, building materials, safety aspects and application examples. Forces in statics Forces are a central component in the

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