Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to the many ...

GASB 87, new guidance for the accounting of lessee and lessor leases, was implemented for fiscal year 2022. Thank you to all departments who provided assistance and information in the implementation ...

GASB 87, a new lease accounting standard for governmental entities, requires leases to be reported on the face of the financial statements and eliminates distinction between operating and capital ...

RESTON, Va.--(BUSINESS WIRE)--LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, announced today that its latest release includes full support for the GASB 87 lease ...

New lease accounting standards will dramatically affect the way governmental entities record leases on their financial statements. The Governmental Accounting Standards Board Statement Number 87(GASB ...

WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, provider of the #1 lease optimization software, today announced GASB 87 Complete, a full end-to-end lease accounting solution for state and local ...

An instantaneous poll found only 4% of more than 750 online GFOA seminar participants have implemented GASB 87. Contracts that local governments enter into with vendors for IT services will soon be ...

Following FASB’s issuance of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), in 2016, GASB issued Statement No. 87, Leases, in June 2017, to become effective for reporting periods ...

MILWAUKEE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading lease accounting software company, today announces a webinar on GASB 87 and GASB 96: “From Basic Principles to Advanced ...

It’s hard to believe more than two years have passed since the Governmental Accounting Standards Board issued its long-awaited revision to governmental lease accounting. GASB Statement 87 transforms ...

Lease accounting has undergone significant changes in recent years, with new standards being introduced to improve transparency and comparability in financial reporting. Three major standard-setting ...

MILWAUKEE, March 12, 2024 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading provider of lease accounting software solutions, is excited to announce the upcoming educational webinar “GASB 87 and GASB 96: ...