What our global survey reveals
The new lease accounting standards are now effective for calendar year-end companies, both under IFRS and US GAAP.
“Whatever you’re doing today, whether it’s a sticking plaster approach or a full implementation, you’ve got to be ready – not only for today but also for tomorrow as well.”
“Any implementation efforts need to be sustainable for the long-term and not just a one-off compliance exercise. It makes commercial and strategic sense to make sure that you are ready for the future.”
“This survey gives us hard data. And what that hard data tells us is that in the run up to the effective date, a lot of people had a lot of work still to do...”
© 2020 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved.
© 2021 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved.