0      0

AICPA Governmental Accounting & Auditing Update Conference 2020

GAE2008 - GASB Statement No. 87: Leases

‐ Aug 17, 2020 1:20pm

Standard: $ 49.00

This session will address account and financial reporting implementation issues associated with the Statement on leases.  Topics to be covered include the definition of a lease; determining the term of the lease and the release liability and asset for both a lessee and a lessor; and other implementation issues, including those addressed in the accompanying GASB implementation guide.

Learning Objectives:

  • Understand what types of contracts meet the definition of a lease.
  • Determining the length of a lease for financial reporting purposes.
  • Recognize the reporting of a lease liability and lease receivable in the initial year.



Concurrent Session (Online)

You must be logged in and own this session in order to post comments.