The implementation of GASB Statements 87 and 96 has brought significant changes to how government entities report leases and subscription-based information technology arrangements. A thorough ...

New lease accounting standards will dramatically affect the way governmental entities record leases on their financial statements. The Governmental Accounting Standards Board Statement Number 87(GASB ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective ...

ST. LOUIS – State and municipal government officials can expect to receive a checklist from the Government Finance Officers Association this September on how to compile a master list of their leases.

The Governmental Accounting Standards Board set the effective date for the GASB 87 leases standard at June 15, 2021, after pushing it back by 18 months during the pandemic, but many state and local ...

Following FASB’s issuance of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), in 2016, GASB issued Statement No. 87, Leases, in June 2017, to become effective for reporting periods ...

RESTON, Va.--(BUSINESS WIRE)--LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, announced today that its latest release includes full support for the GASB 87 lease ...

An instantaneous poll found only 4% of more than 750 online GFOA seminar participants have implemented GASB 87. Contracts that local governments enter into with vendors for IT services will soon be ...

To be in compliance with new lease reporting requirements in GASB 87, CU Boulder is keeping a centralized repository for all eligible lease, rental and lessor (we are the lender of the item) contracts ...

In this recorded training, Justin Church, associate director, highlights the most important aspects of the GASB 87 implementation and how it affects CU Boulder campus departments. If you have any ...

WOODBRIDGE, N.J., Feb. 19, 2020 /PRNewswire/ -- Visual Lease, the leader in lease accounting and management software, announced today its full support for lease accounting standard, GASB 87. Similar ...