A&A news from around the web: June 3 – 7, 2019

What’s next for businesses that implemented the new revenue recognition rules for accounting?
In order to remain compliant to the new revenue recognition standards, different aspects of an organization must partner together in a new way.

Lease accounting adoption failures and lessons learned
Industry experts from leading accounting and consulting firms estimate the failure rate among new lease accounting compliance projects to be as high as an astonishing 25%, based on feedback from companies working on new standard adoption by the end of 2018.