What is GASB 87 and how does it affect your organization?
LIVE WEBCAST |
The Governmental Accounting Standards Board (GASB), released Statement No. 87, leases, which is effective for reporting periods beginning after Dec. 15, 2019. Using an assessment process can often help your organization manage the implementation in a more succinct way and help reduce expected pain points. Join RSM as we provide a brief overview of the standard, explain how it affects state and local governments, including public schools and special purpose entities and organizations that receive state and local funding and discuss approaching deadlines. We also review important challenges organizations may be faced with throughout the implementation and adoption process and how to overcome or avoid them.
Topics covered include:
- GASB 87 overview, effective dates and transition methods
- GASB 87 assessments and how they can assist in a more seamless implementation and adoption
- Lessons learned from the challenges of similar implementation and adoption standards
- Review of best practices for the implementation
By the end of this presentation, attendees will be able to:
- Explain what GASB 87 is and how it might affect their organizations
- Describe the challenges of implementing of this new standard and articulate solutions for overcoming them
CPE credit available
RSM US LLP is pleased to offer one CPE credit for attending each webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. Group CPE is not available. 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: Group internet-based
Field of study: Accounting - Governmental | CPE: One credit