Lease Accounting Compliance Alert: Countdown to GASB 87
Countdown to GASB 87 Compliance
Complying with the new GASB 87 lease accounting standard will require a significant shift in how organizations account for leases for reporting periods beginning after December 15, 2019. The changes required by the new rules will impact nearly all governmental entities and related GASB reporting organizations who operate as lessees, lessors, or both.
Lease accounting experts from RSM and LeaseAccelerator discuss how to best prepare for adopting and reporting under GASB 87. The experts recap lessons learned from real-world implementations and discuss how companies can leverage lease accounting software to automate and overcome the complexities of transitioning and sustaining GASB 87 compliance.
To See the Replay
- Important changes under GASB 87
- How to begin and effectively manage the transition to the new lease GASB 87 accounting standard
- How organizations can leverage lease accounting software to get and stay compliant with an accurate, repeatable close process
Sr. Director, Technical Accounting Consulting,
RSM US LLP