GASB 87 countdown: Are you ready for lease reporting changes?

Event Info

Webinar
Register for This Event

Back in 2017, the Governmental Accounting Standards Board (GASB) issued guidance on leases for state and local governmental entities. GASB Statement No. 87 alters the accounting rules and financial reporting requirements for leases. And it’s effective for reporting periods beginning in years after Dec. 15, 2019.

Maybe this seemed too far into the future to be concerned about. Or perhaps you’ve been sifting through the guidance but haven’t quite gotten your arms around what it means to your organization and what you need to do by when.

Time goes by quickly. Join Baker Tilly for this complimentary webinar on GASB 87. Our public sector specialists will walk you through an overview of GASB 87, what it means for your governmental entity and what preparations to take now to be ready for implementation.

Key learning objectives

After attending this webinar, participants will understand the:

  • New criteria for leases
  • Common industry examples
  • Journal entry basics

Who should attend

This webinar is intended for those who work in state and local governments, public sector organizations and municipal utilities who are responsible for lease accounting (finance directors, treasurers, comptrollers), users of governmental financial statements (management as well as members of governing bodies including board members and other elected officials) and/or financial statements preparers (finance office staff).

Meet your presenters

  • Carla Gogin, CPA, Partner - Public Sector Practice
  • Susannah Baney, CPA, Manager - Public Sector Practice

Information about CPE eligibility

There are no prerequisites for this event, and advance preparation is not required. There is no cost to attend this event.

Level: Basic
CPE credit: one (1) hour total credit
Field of study: Accounting (Governmental) (GAS80/24)
CPE host: Anna Nelson

A certificate of completion will be emailed to you four to six weeks following the event.

For more information regarding administrative policies such as complaint and refund policies, please contact Heather Eggers at +1 (608) 240 2522.

Baker Tilly Virchow Krause, 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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: learningmarket.org.