United States

Governmental lease accounting

What to plan for under the GASB framework


In June 2017, the Governmental Accounting Standards Board (GASB) established new guidance that establishes a single approach to accounting for and reporting leases by state and local governments, including public schools and special purpose entities.

Michelle Horaney, national leader for RSM US LLP’s education industry practice and member of the firm’s national professional standards team, will take a deep dive into the new lease standard and share key accounting and financial reporting included within the standard and what to plan for when implementing the standard.

Topics include:

  • Accounting for leases by lessors
  • Accounting for leases by lessees
  • What to do today to prepare for implementation

View On-Demand

Learning objectives
By the end of this webcast, participants will be able to:

  • Discuss implementation challenges of the GASB 87; Leases
  • Explain in detail the new accounting required under the standard for both lessors and lessees
  • Develop a plan for implementation

CPE Credit Available
RSM US LLP is pleased to offer one CPE credit for attending this webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must answer 75 percent of the practice questions and complete the final exam with 70% accuracy to receive credit. Only one attempt is allowed on the final exam. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.

RSM US LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Advance preparation: None | Program level: Basic | Prerequisites: None | Delivery method: QAS self-study
Field of study: Accounting - Governmental | CPE: One credit


Event details

Who should attend
This program is designed for professionals looking for guidance about important lease accounting changes that affect governmental entities.

CPE credit
One CPE credit will be issued to eligible participants


More information
Email us or call +1 800 274 3978