Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to the many ...

An instantaneous poll found only 4% of more than 750 online GFOA seminar participants have implemented GASB 87. Contracts that local governments enter into with vendors for IT services will soon be ...

The implementation of GASB Statements 87 and 96 has brought significant changes to how government entities report leases and subscription-based information technology arrangements. A thorough ...

GASB 87, new guidance for the accounting of lessee and lessor leases, was implemented for fiscal year 2022. Thank you to all departments who provided assistance and information in the implementation ...

It’s hard to believe more than two years have passed since the Governmental Accounting Standards Board issued its long-awaited revision to governmental lease accounting. GASB Statement 87 transforms ...

New lease accounting standards will dramatically affect the way governmental entities record leases on their financial statements. The Governmental Accounting Standards Board Statement Number 87(GASB ...

In this recorded training, Justin Church, associate director, highlights the most important aspects of the GASB 87 implementation and how it affects CU Boulder campus departments. If you have any ...