Description:

Government leases are getting an overhaul. GASB Statement 87 was issued in 2017 and provides an update on the proper accounting for leases from both the lessee and lessor points-of-view. 

Learning Objectives:

After attending the presentation you will be able to...

• Define a lease per GASB 87
• Prepare journal entries for lessee and lessor accounting compliant with GASB 87

Program Content:

The major topics that will be covered in this class include:

• Leases
• GASB 87
• Financial reporting

Who should attend: Practitioners and members in industry responsible for accounting and financial reporting for governmental entities

Developed By: Galasso Learning Solutions

Instructor: Melisa Galasso

CPE Credit: 1.5

Field of Study: Accounting Governmental (1.5 CPE)

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study