Simplify adoption of the
accounting rules for
subscription-based IT arrangements
The software governments rely upon is moving from the desktop to the cloud and must be accounted for differently. Our ultimate GASB 96 guide outlines the steps to prepare for the new standard.
GASB 96 defines Subscription-Based IT Arrangements (SBITAs) and establishes uniform accounting for them so government entities can provide their stakeholders with a consistent and transparent view. Adopting this standard requires implementing a whole new method of accounting, not just updating legacy GASB.
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