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What in the GASB Were They Thinking! Governments and Leases (WITG)

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Credits: 1

Qualifies For: YB CPE

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What in the GASB Were They Thinking! Governments and Leases (WITG)

  • Customer Rating
    Reviews Not Available.
  • Field of Study
    Accounting (Governmental) - Technical
  • Level
    Intermediate
  • Credits
    1
  • Qualifies for

    YB CPE

Overview

Governments enter into leases for many types of assets. This course is designed to help you understand the core components of governmental lease accounting under GASB No. 87, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.

Major Topics:

  • Evaluating whether a contract meets the definition of a lease
  • Properly calculating the lease term
  • Determinations to be made with regard to short-term leases

Learning Objectives

  • Skillfully prepare for the implementation of GASB No. 87
  • Become comfortable with the application of GASB No. 87 in the governmental environment

Designed for:

Governmental industry professionals and auditors

Prerequisite:

Some introductory background in governmental accounting

Advanced Preparation:

None

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PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
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