Concurrent Session Online
GOV2015. Leases: Preparing for the Single Model (Theory) - Part 2
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
Date/Time
Oct 20
11:00 AM–11:50 AM
CPE Credits
1.0
NASBA Field of Study
Accounting (Governmental)
Level
Basic
Prerequisites
1-2 Years in the Profession
Advanced Preparation
None
