WEBINAR: Accounting for Leases Under GASB Statement No. 87

Building Success Webinar Series: A webinar series dedicated to building on the success of our team, clients and communities.

Local governments reporting under generally accepted accounting principles are about to adopt the Government Accounting Standards Board Statement No. 87 related to lease accounting for fiscal years ending June 30, 2022 and thereafter.

Join Herbein for a live webinar on Wednesday, Feb. 23 for guidance on the implementation of the new standard and implementation best practices.

The webinar will walk-through the aspects of the new standard, and provide insight as to how the standard could affect your upcoming year end reporting. We will review the impact on the government-wide and proprietary fund statements of net position as well as the required disclosures, along with providing available implementation tools to ease the burden on your organization.

After attending the webinar, attendees will:

• Gain an understanding of the potential impacts related to the new standard
• Be able to prepare for evaluating current leases in place
• Understand the tools available to assist in implementation