LeaseIncentivesandAmortizationreferstotheaccountingtreatmentofincentivesprovidedbylessorstolesseesinleaseagreements.Theseincentives,suchasrent-freeperiods,cashpayments,ortenantimprovementallowances,arerecognizedovertheleasetermandamortizedsystematically.Theamortizationprocessensuresthatthebenefitoftheincentiveisspreadevenlyacrosstheleaseperiod,aligningwiththematchingprincipleinaccounting.ProperaccountingforleaseincentivesisessentialforaccuratefinancialreportingandcompliancewithaccountingstandardslikeIFRS16orASC842.
