EPISODE 16

Introduction to SFFAS 54, the new Federal Lease Accounting Standard

Experts: Sarah O’Sullivan

In this episode, Sarah O’Sullivan discusses the newest lease accounting standard that is applicable at the federal government level, SFFAS 54. Join us as we discuss why the new standard is coming out and the similarities to its counterparts FASB and GASB.

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SFFAS 54: FASAB Lease Accounting Explained with a Full Example

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Lease Accounting Explained: New Standards, Lessee vs. Lessor, Changes, Calculations, & More