GASB 87 will significantly change the accounting for lease agreements beginning with June 30, 2022 year-ends. In this session, we’ll take a closer look at some of the key provisions within the standard and take you through some examples. Whether you’ve taken initial steps toward implementation, or you’re actively putting a plan in place, we’ll answer common questions to help you keep your implementation plan remains on track.

Learning objectives:

• Understand and apply the new accounting rules for leases.
• Understand the journal entries at implementation and after GABS 87 is effective.
• Continue to prepare for implementation of the new standard.

Presenters:

• Keith Szymanski, senior manager
• Brian Greko, senior manager

Moderator:

• Amanda Gentner

Prerequisites/Advanced Preparation: None

Program Level: Basic

Cost: No fee

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