As you prepare to implement GASB 96, Subscription-Based Information Technology Arrangements (SBITA) and GASB 101, Compensated Absences, you’ll likely have many questions. As more organizations embrace a cloud-first IT strategy, GASB 96 provides guidance on the accounting and financial reporting for subscription-based IT arrangements. GASB 101 replaces GASB 16 and provides a more consistent model for accounting for compensated absences.In this view on-demand webinar, our experts will explain how these two standards may affect your institution, share effective dates, and provide practical guidance on implementation.
At the conclusion of this view on-demand webinar, participants will be able to:
- Identify steps to prepare for the implementation of GASB 96 and 101.
- Explain the key impacts of the implementation of these standards on your organization.
- Summarize common issues and considerations for implementation of the standards.
- Articulate the similarities between GASB 96, Subscription-Based Information Technology Arrangements, as amended (SBITAs), and GASB 87, Leases
