With only six months to the effective date of a new accounting rule to bring leases on to corporate balance sheets, more than half of companies have not started to prepare, according to a new survey.
In an online poll by Robert Half and Protiviti of more than 2,000 finance leaders, 56 percent of companies said they had not begun transitioning to the new lease accounting standard that takes effect for public companies on Jan. 1, 2019. Private companies have an additional year to comply.
