GASB 87 and GASB 96 Implementation Guide
Manage GASB 87 and GASB 96 lease accounting compliance easily
Download the handbook to learn:
- How GASB 87 and GASB 96 affect your financial statements
- What are the GASB 87 and GASB 96 lease accounting standard requirements
- What are SBITAs
- What's required to transition to the standard
- How to build the right implementation plan
- Criteria for choosing a provider
Download handbook
Preparing for lease accounting under GASB 87 and GASB 96
If you’re part of a state or local government or other governmental organization, you know you have to comply with two important lease accounting standards: GASB 87 and GASB 96. GASB 87 applies to most equipment and real estate leases and is effective for fiscal years beginning after June 15, 2021. GASB 96 applies to subscription-based IT arrangements (SBITAs) and is effective for fiscal years beginning after June 15, 2022.
With this handbook, get the information you need to understand each standard and their effective dates, evaluate which of your leases are affected by the standards, and build a transition plan to get and stay compliant over the long-term.
