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Big 4 polls say companies are stalled on big accounting changes

Tammy Whitehouse | June 15, 2016

More Big 4 surveys on big accounting changes suggest companies are starting to face a kind of paralysis over how to move forward and make it all work.

On revenue recognition, for example, where companies are facing adoption of a massive new accounting standard with the start of 2018, a recent KPMG poll suggests the vast majority of companies are still trying to digest how it will affect them. The same KPMG poll, as well as recent polls from PwC and Deloitte, suggest companies are also wringing their hands over how they will comply...

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