GASB 87 Defined w/ a Full Instance of New Lease Accounting – Tech Journal
What’s GASB 87? On June 15, 2021, GASB Assertion No. 87 went into impact for all authorities reporting entities excluding these on the federal degree. GASB 87, as it’s now referred to in shorthand, is the lease accounting customary issued by the Governmental Accounting Requirements Board, GASB. This customary supersedes GASB 13 and GASB 62. … Read more
