GASB 87, Leases: A closer look

GASB 87 will significantly change the accounting for lease agreements beginning with June 30, 2022 year-ends. In this session, we’ll take a closer look at some of the key provisions within the standard and take you through some examples. Whether you’ve taken initial steps toward implementation, or you’re actively putting a plan in place, we’ll answer common questions to help you keep your implementation plan remains on track.

Learning objectives:

• Understand and apply the new accounting rules for leases.
• Understand the journal entries at implementation and after GABS 87 is effective.
• Continue to prepare for implementation of the new standard.

Presenters:

• Keith Szymanski, senior manager
• Brian Greko, senior manager

Moderator:

• Amanda Gentner

Prerequisites/Advanced Preparation: None

Program Level: Basic

Cost: No fee

Find our full webinar series here:

• How COVID-19 funding impacts your single audit and what to do next
• Internal controls in a remote environment: Best practices for public sector
• GASB 84, Fiduciary Activities: Implementation lessons learned
• GASB Update: Are you on track?

For further GASB resources:

• Access our “GASB accounting standard update: Spring 2020.”