1. Subscription Supposition: A Look at Practical SBITA Examples
The authoritative accounting guidance in Governmental Accounting Standards Board (GASB) Statement No. 96,Subscription-Based Information Technology Arrangements(GASB 96), is effective for fiscal years beginning after June 15, 2022, and all reporting periods thereafter. But for SBITAs, there is arguably more complexity to measurement of subscription assets than there is for lease assets, as certain development costs are included.
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