GASB Update - Leases

Presenter: David Bean, Director of Research and Technical Activities, Governmental Accounting Standards Board, Norwalk, CT

GASB Statement 87, approved in June 2017, identified a lease as a financing of a right to use asset, which results in a new approach for reporting these transactions in school financial statements. This webinar will provide school business officials with critical information needed to apply the new leases reporting requirements. This fact-filled session will cover all aspects of the new Statement and related implementation guides.

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