Lease Accounting: Your Guide to GASB 96

Get ahead of the requirements and make the GASB 96 transition easier Lease accounting rules for governmental organizations have gone through several important changes in the past few years. To make adoption even more challenging, as teams are just getting started in adopting GASB 87, the standards board has added another requirement with GASB Statement No. 96 Subscription-Based Information Technology Arrangements (SBITA) – both of these standards affect organizations with fiscal years beginning after June 15, 2022 so now is the time to look at adoption. Technical lease accounting experts from EZLease review the key elements of GASB 96 so your organization can get ahead of the requirements and make the transition easier. Learn why the standards were introduced, key considerations for adoption, and how to successfully implement for compliance. We will show you how the right information and lease accounting tools can make your GASB 96 compliance journey easier. Attendees will learn:

• An overview GASB 96

• What changes the standard requires

• The required information to ensure completeness and accuracy

• What to look for in software

• Answers to key implementation questions