KPMG recently surveyed over 140 companies representing a wide range of industries to gauge where they stand in the compliance process.
The new revenue recognition and leasing standards pose operational and financial challenges for many companies. Since the implementation efforts for both sets of rules overlap, many companies are currently tackling how to best implement both standards with the highest level of efficiency and the least amount of disruption.
KPMG recently surveyed over 140 companies – more than three-quarters of which are public – representing a wide range of industries to gauge where they stand in the compliance process.
Companies should act quickly to make sure that they are on track to meet their implementation deadlines. Download the report to learn what steps to take in the near term.