The accreditors of this session require that you periodically check in to verify that you are still attentive.
Please click the button below to indicate that you are.
This session will explore the changes to accounting and financial reporting for leases introduced by GASB Statement No. 87, Leases, and the auditing implications associated with those changes. Topics to be covered include identifying the term of a lease; how and when to bifurcate contracts with multiple components and contract combinations; and lessee and lessor accounting and financial reporting requirements.
After this session attendees will be able to:
1. Determine how to apply lessee and lessor measurement and recognition requirements. 2. Analzye the audit implications associated the financial reporting changes for leases.
