Leasehold improvements refer to alterations or enhancements made to a leased property by the tenant to meet their business needs. These improvements, which can include modifications like installing partitions or upgrading lighting, are capitalized and amortized over the shorter of the lease term or the useful life of the improvements. Leasehold improvements are recorded as assets on the balance sheet.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
