MILWAUKEE, March 12, 2024 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading provider of lease accounting software solutions, is excited to announce the upcoming educational webinar “GASB 87 and GASB 96: Comparing and Contrasting Similarities.” The webinar will take place on March 19 at 1:00 p.m. CDT.
This webinar will delve into the nuances of GASB 87 and GASB 96, offering a comprehensive analysis of the similarities between the two standards. The presenter, Jess Vento, senior director of accounting at LeaseCrunch, will walk through key definitions, modifications and examples enabling attendees to make informed decisions and ensure compliance within their organizations.
Key webinar highlights will include:
- Comparing the fundamental principles of GASB 87 and GASB 96
- Identifying similarities in lease arrangements and terms
- Assessing the impact of lease modifications and terminations under both standards
- Applying concepts to real-world scenarios to illustrate practical applications
“GASB 87 and GASB 96 have brought significant changes to lease and SBITA accounting practices for governmental entities,” states Vento. “Deep comprehension of both standards is essential for accounting professionals tasked with ensuring compliance and accuracy in financial reporting. Our webinar will serve as a vital resource for accounting professionals, helping them navigate the intricacies of these standards and implement best practices effectively.”
To reserve your spot for this webinar, please visit https://www.leasecrunch.com/gasb87_gasb96-reg.
About LeaseCrunch
LeaseCrunch offers easy-to-use, automated lease accounting software that significantly reduces the time needed to transition, account for and maintain leases in compliance with new lease accounting standards: ASC 842, GASB 87, GASB 96 and IFRS 16. More than 625 CPA firms in the United States use the LeaseCrunch platform to manage their clients’ lease accounting needs
