- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
A pair of new poll results suggest anxiety is growing at public companies that have five months remaining until new lease accounting rules take effect.
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The Q4 dash to new lease accounting is on, and it’s looking like some companies will not flip the switch to new systems by the Jan. 1 effective date.
Accountants and auditors coping with an onslaught of new requirements are beginning to regard technology as a critical means of achieving compliance.
The countdown to new lease accounting is causing some companies to shift gears, concerned they can’t make the deadline following their original adoption plans.
