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Survey: Ready for New Lease Accounting Standards?

By Christopher Dowsett, CAE
September 1, 2017
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With only a little more than a year to go before companies must comply with the new lease accounting standards from the Financial Accounting Standards Board (FASB), Deloitte polled executives about how prepared their organizations were to comply with the new standard:

 

2.2%

Extremely prepared

 

9.2%

Very prepared

 

42%

Somewhat prepared

 

24.6%

Not too prepared

 

6.8%

Not at all prepared

 

Visit http://bit.ly/2v3nwo7 for more results from the poll, including respondents’ likely implementation timeline, biggest challenges, and more.

 

Christopher Dowsett, CAE, is senior editor/director, Publications, at IMA. You can reach him at cdowsett@imanet.org.
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