Where do you stand on lease accounting compliance?

With the new lease accounting standard taking effect in less than 6 months for public companies, we’re taking the pulse of the industry to see where businesses are at in terms of implementing solutions to make sure they’re in compliance ahead of the Jan. 1 deadline.  The new rule requires companies to take careful stock of their leases, not only for property and equipment but also for lease arrangements embedded in service contracts, and reflect them on the balance sheet.