How Are Companies Faring on the Road to Lease Accounting?

By Robert Half on May 23, 2018 at 10:06am

The road to adopting the Financial Accounting Standards Board’s new lease accounting standard is a long one. However, research from Robert Half and Protiviti* shows the majority of organizations haven’t even started the car.

Public companies must comply with the new standard beginning by next year. All other organizations have until just 2020.

The Robert Half and Protiviti survey of finance leaders found smaller companies are lagging behind their larger counterparts. However, companies of all sizes and in all industries face challenges, such as training employees on the new rules, diagnosing the needed changes and finding staff who have the necessary subject-matter expertise.

The volume of companies that have begun the lease accounting journey varies widely from market to market. Similarly, these organizations' pain points can differ; in some instances, the challenges include updating systems, managing the change that the new standard brings, and identifying and categorizing their leases.

Lease accounting challenges, by city

See the infographics for 22 cities to find out how organizations in those areas are faring with lease accounting, what challenges they face, and how the transition to the new standard compares to their revenue recognition adoption process.

*Protiviti is a global consulting firm and Robert Half subsidiary.








Des Moines



Los Angeles



New York



Salt Lake City

San Diego

San Francisco


St. Louis

Washington, D.C.


Availability Status

Let us know you're ready to work with one click.

Update My Status

Set Your Status

Click the blue button on your profile page at least once a week to keep your status set to Available.

Set Your Status

Your status will automatically change to Idle and Unknown over time, so update it weekly while you’re looking for work

Update My Status

More From the Blog...

Suiting Up for Success

Robert Half employees came together virtually to fundraise and provide career resources to benefit Dress for Success and support their mission of empowering...

Read More