GASB 87 Handbook

Preparing the accounting under GASB 87

If you’re part of a state or local government or other governmental organization, you must comply with Governmental Accounting Standards Board (GASB 87) for accounting and financial reporting. GASB 87 applies to most equipment and real estate leases and is effective for fiscal years beginning after June 15, 2021. With this handbook, get the information you need to understand the standard and build a transition plan to get and stay compliant over the long-term. Download the handbook to learn:

• How GASB 87 affects your financial statements

• What are the GASB 87 accounting standard requirements

• What's required to transition to the standard

• How to build the right implementation plan

• Criteria for choosing a provider