The implementation of GASB Statements 87 and 96 has brought significant changes to how government entities report leases and subscription-based information technology arrangements. A thorough ...

Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to the many ...

New lease accounting standards will dramatically affect the way governmental entities record leases on their financial statements. The Governmental Accounting Standards Board Statement Number 87(GASB ...

GASB 87, new guidance for the accounting of lessee and lessor leases, was implemented for fiscal year 2022. Thank you to all departments who provided assistance and information in the implementation ...

GASB 87, a new lease accounting standard for governmental entities, requires leases to be reported on the face of the financial statements and eliminates distinction between operating and capital ...

An instantaneous poll found only 4% of more than 750 online GFOA seminar participants have implemented GASB 87. Contracts that local governments enter into with vendors for IT services will soon be ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. David Kindness is a Certified Public Accountant (CPA) and an ...

MILWAUKEE, March 12, 2024 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading provider of lease accounting software solutions, is excited to announce the upcoming educational webinar “GASB 87 and GASB 96: ...

WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, provider of the #1 lease optimization software, today announced GASB 87 Complete, a full end-to-end lease accounting solution for state and local ...

ATLANTA--(BUSINESS WIRE)--LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced two new installments of their LEASE (Lease Essentials: Advice ...