This session will address accounting and financial reporting implementation issues associated with the recently issued GASB Statement on leases. Topics to be covered include application issues; determining the term of the lease and the lease liability and asset for both a lessee and a lessor; and other implementation issues, including those addressed in the recently issued GASB implementation guide.
Apply the GASB lease standards and implementation guidance to your clients' situations.
Identify any potential impact that the new standards may have on statutory and other legal requirements.
Director of Research and Technical Activities,
Governmental Accounting Standards Board
CPA, CGAP, CRFAC,
Crawford & Associates,PC