GOV1932. GASB Leases Part 2: How to Apply it

Track: 
SLG
Field of Study: 
Accounting (Governmental)
CPE Credit: 
2.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Attendance of Part 1 or an understanding of GASB 87.

Tuesday, October 29, 2019
 
1:10PM-2:50PM

This session builds on GASB Leases Part 1 by illustrating how to apply the concepts to real world leases. This is an application focused session to get you ready for implementation in 2020. Using examples, this session will highlight the nuances of the standard and how different contract terms can change the accounting.

Learning Objectives:
• Recall accounting treatment under the leases guidance.
• Analyze contracts as leases.
• Calculate lease liabilities and assets.
• Identify potential implementation issues.


SESSION SPEAKER(S)

CPA
Senior Manager | AICPA
CPA, Cgap
Shareholder | Crawford & Associates, PC