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 these 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 technology to automate and overcome the complexities of transitioning and sustaining compliance.

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Key Learnings

  • What changes under GASB 87
  • How to begin and effectively manage the transition to the new lease accounting standard
  • How organizations can leverage technology to get compliant and stay compliant with an accurate, repeatable close process

Presenters

Bob Malinowski
Sr. Director, Technical Accounting Consulting,
RSM US LLP

Dennis Carey
Solution Consultant,
LeaseAccelerator