GASB Lease Accounting Transition Examples

GASB Lease Accounting Transition Examples

The new lease accounting standard for governmental organizations, GASB Statement No. 87, goes into effect for all reporting periods that begin subsequent to December 15, 2019. Just over a month ago, GASB released the final implementation guide to provide additional...
Video | GASB 87 Explained

Video | GASB 87 Explained

GASB 87 Explained The new lease accounting standard for government entities brings several changes to the previous standard, including how leases are classified. In order to fully understand the changes made to GASB 87, watch the video below. Free Lease Accounting...
The GASB 87 Implementation Guide Is Here

The GASB 87 Implementation Guide Is Here

After much anticipation, the Government Accounting Standards Board (GASB) has released the Final Implementation Guide for Lease. The objective of the implementation guide is to provide additional clarification regarding GASB 87, the new governmental accounting...