are you ready? Lease Accounting Standards.

• Position: News & trends

New lease accounting standards became effective Jan. 1, but when companies were asked how prepared they are:

83% had not yet completed the data gathering and validation step,

45% had selected their lease accounting software.

44% had completed a lease inventory.

25% had completed an accounting assessment.

16% had developed the system requirements.

13% had designed their software solution.

3%...