Investors are not getting much warning about the magnitude of assets and liabilities that will soon hit corporate balance sheets as companies prepare to implement a new accounting standard on leasing.
A recent analysis by PwC says 37 percent of companies in the S&P 500 disclosed nothing in their annual or quarterly filings during April and early May about how they will be affected by the new lease accounting rules or said they were still evaluating the impact. Another 24 percent provided some qualitative disclosures about the expected effect but provided no hard data.
