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  1. INTRODUCTION 1. The objective of this Implementation Guide is to provide guidance that clarifies, explains, or elaborates on the requirements of Statement No. 87, Leases.

  2. GASB 87 and 96 Resource Center

    As GFOA members continues to seek resources related to GASB 87 and GASB 96, we've compiled the information below to help in the learning and implementation process.

  3. GASB 87 Explained w/ a Full Example of New Lease Accounting

    Sep 16, 2024 · Learn about the new governmental lease accounting standard, GASB 87, including a full example and sample journal entries.

  4. The Ultimate GASB 87 Implementation Guide - LeaseCrunch

    Get actionable guidance on implementing GASB 87 for state and local governments. Learn the requirements, practical examples, and best practices for seamless.

  5. Five steps for implementing the GASB 87 lease standard

    Jan 27, 2021 · Follow these five steps to help your organization implement the GASB 87 lease standard.

  6. Best GASB 87 Implementation Guide For Dummies (Made Easy)

    Jan 7, 2025 · Navigating the intricacies of GASB 87 implementation can be a daunting task for organizations. In this comprehensive GASB 87 implementation guide, we provide expert …

  7. GASB 87 & 96 - Lease Accounting | Comptroller General

    Jul 1, 2021 · Video Tutorials GASB 87 Implementation Step 1: GASB 87 Lease Implementation Step 2: Lease Calculator for GASB 87 Step 3: Amortization Schedules in Lease …

  8. We are modifying FPMT so that agencies can comply with GASB 87 and send accounting transactions to AFRS. Additional information is available on the OFM Leases Accounting …

  9. Implementation Guide No. 2019-3, Leases - gasb.org

    Certain portions may include material copyrighted by American Institute of Certified Public Accountants or the Government Finance Officers Association.

  10. GASB 87 replaces the previous lease accounting methodology and establishes a single model for lease accounting based on the foundational principle that leases are a financing of the right to …