GASB 87 Handbook

Manage GASB 87 accounting compliance easily

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GASB 87 Handbook

Preparing the accounting under GASB 87

If you’re part of a state or local government or other governmental organization, you must comply with Governmental Accounting Standards Board (GASB 87) for accounting and financial reporting. GASB 87 applies to most equipment and real estate leases and is effective for fiscal years beginning after June 15, 2021. 

With this handbook, get the information you need to understand the standard and build a transition plan to get and stay compliant over the long-term.  


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