Only fools rush in: A study of SEC comment letters on lease accounting

Nearly two years after the implementation of a radical change to the rules governing how companies must account for all leases (ASC 842), data indicates that the SEC has yet to make strict enforcement a priority.

So our experts decided to take a look at the SEC’s enforcement through related SEC comment letters. Leveraging the Intelligize platform, our experts analyzed every publicly available comment letter thread related to ASC 842 since its inception through August 31, 2020.

Download the report for key insight into who the SEC targeted, what it wanted to know and how long resolution took.

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