Gear up for GASB
The first effective date for GASB 87 has passed and GASB 96
is on the horizon. Where are you on the journey towards adoption?
Let’s pack up your GASB gear and we’ll lead the way!
GASB TRANSITION GUIDE
The first step of your compliance journey is knowing which direction to go. Our guide will help you navigate your way through the new standard.
Key concepts for the definition of a lease change under GASB 87. This tool will help you spot all of your leases.
TWO EXAMPLES OF HOW TO TRANSITION FOR LESSEES
LESSOR ACCOUNTING EXAMPLE WITH JOURNAL ENTRIES
Don’t forget – both lessees and lessors will need to comply with the new standard. Use this step-by-step overview of the accounting treatment for lessor leases to keep your transition moving.
DISCLOSURE REQUIREMENTS FOR LESSEES EXPLAINED
It’s important to always have a clear, well-lit view of the path ahead. This article will shed light on how to properly plan for disclosure requirements under GASB 87.
Applying Fund Accounting to GASB 87
The fund accounting requirements under GASB 34 add any extra layer of complexity to adopting the new lease accounting standard. This article covers some of the basics of fund accounting for leases.
Get our free checklist for transitioning to GASB 87
With the shift to the new standard comes many considerations, so we have assembled this checklist to assist you in your transition journey.
The next journey on the horizon: GASB 96 Compliance
GASB 96 is effective for fiscal years beginning after 6/15/2022. Start now by documenting your subscription agreements with our tool as you are reviewing your contracts for leases.