- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Another new poll says public companies are starting to freak out over how they’ll meet the 2019 effective date to adopt new lease accounting rules.
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With year-end reporting and revenue recognition implementation nearly complete, firms are preparing for their next accounting freak out—this time over leases.
Companies are slipping behind in implementing the new lease accounting standard, and the call for deferral in the effective date may be getting under way.
A cannabis company agreed to pay $225,000 to settle allegations that funds were temporarily deposited into its year-end accounts for the sole purpose of inflating year-end cash, the Securities and Exchange Commission said.
