Visual Lease unveiled the results of an in-depth study of 500 senior finance and accounting professionals analyzing where companies are in their efforts toward achieving compliance with ASC 842. The report reveals that despite 100 percent of respondents acknowledging the many benefits that lease accounting can bring, 75 percent are not yet compliant.

The post Article: Study: Urgent Action Needed for Private Firms to Comply with Lease Accounting Standard first appeared on VisualLease.

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