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23WA-2391: GASB 87: Are You Ready? (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Saturday, June 24, 2023
10:00am - 11:25am Central Time
1.5 CPE (1.5 technical)

Government leases are getting an overhaul. GASB Statement 87 was issued in 2017 and provides an update on the proper accounting for leases from both the lessee and lessor point of view. This course will help attendees understand the nuances of the updated definition of a lease as well as other significant changes to terminology. Attendees will discuss the impact of the changes to financial reporting as well as the key challenges that governments and auditors will need to consider to properly implement the new standard. This interactive course includes the preparation of journal entries to assist in understanding impact.

Major subjects

  • Identifying leases
  • Recognition and Measurement Guidance

Learning objective(s)

  • Define a lease per GASB 87
  • Prepare journal entries for lessee and lessor accounting compliant with GASB 87

Who should take this program?

Ideal for practitioners and members in industry responsible for accounting and financial reporting for governmental entities

Fees

Our records indicate you are a nonmember. If you register, you will be charged $59.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $59.00
checkmark Standard Nonmember Fee $59.00

More program information

Instructor Melisa Galasso, CPA, CGMA, CSP, CPTD
Location Online
Area
of study
Government
Field(s)
of study
Accounting (Governmental) - Technical (1.5)
Level Basic
Format Group Internet Based
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.