Description
GASB Statement 87 changes the recognition and measurement model used for reporting lease liabilities (lessees) and lease receivable (lessors). This session will highlight the requirements in Statement 87.
Learning Objectives:
- Indicate the reporting of a lease liability and a lease receivable in the initial year and subsequent years.
- Recall the disclosures required for leases.
- Distinguish the additional components of GASB 87 that may apply to some leases
Speaker(s):
