We can help
As organizations look to implement standard No. 96, we often hear concerns such as:
- How do we ensure we are creating a complete population of potential agreements to review?
- Reading and understanding the agreements we have will be a monumental task.
- Recording all the individual agreements is time consuming, and we’re not always sure our footnotes adequately summarize the information.
- What is an effective process to identify and properly account for future agreements, revisions and renewal?
- Is this a SBITA or not?
Understanding how to approach these and other aspects of GASB 96 is crucial for properly implementing SBITA accounting. Contact us today for more information about how we can help.