Since issuing GASB 87 on Leases, GASB has followed up not only with extensive implementation guidance for that statement but also with guidance on accounting and financial reporting for cloud computing and public-private (and public-public) partnerships that is explicitly based on the leases standard. This session will be an opportunity to review the authoritative literature and hear about GASB 87 from those who have begun or completed implementations. In addition, speakers will present similarities and differences between the newer guidance and lease accounting as well as provide tips that all governments can use to prepare for this next change.
Leases & Daughters - GASB 87, Leases, and New Guidance on Cloud Computing and P3
Field of Study:
Accounting – Governmental