'An Introduction to GASB 87 Lease Accounting' will provide an initial comparison between GASB 87 and the standards that previously governed lease accounting for state and local governments. The course will provide details on certain asset types and contracts that may be scoped out of the new standard requirements. The second-half of the presentation will cover an example of implementing the new lease guidance from the perspective of both a lessee and lessor. The examples will include amortization schedules and journal entries. Lastly, we will compare disclosure requirements under the legacy and GASB 87 guidance for both lessees and lessors.
Course Objectives:
FinQuery
Senior Alliance Manager
[email protected]
(678) 492-5970
Jason Parker is an Accounting Solutions Manager at LeaseQuery. Before joining LeaseQuery, Jason worked in the audit practice at KPMG, serving clients in both the public and private sectors in various industries. Jason obtained the "Double Dawg" status at the University of Georgia, receiving a bachelor’s degree and a Master’s degree in Accounting. He is an active Certified Public Accountant and a current member of the AICPA.