On-Demand

1 CPE Credit

Surgent's What in the GASB Were They Thinking! Governments and Leases

On-Demand
1 CPE Credit

This course is delivered as a recorded video. After completing all sessions, you must pass the final exam with a minimum score of 70% to receive credit.

Governments enter into leases for many types of assets. This course is designed to help you understand the core components of governmental lease accounting under GASB No. 87, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.

Learning Objectives

  • Skillfully prepare for the implementation of GASB No. 87
  • Become comfortable with the application of GASB No. 87 in the governmental environment

Major Topics

  • Evaluating whether a contract meets the definition of a lease
  • Properly calculating the lease term
  • Determinations to be made with regard to short-term leases

CPE Credits Available

1 CPE Credit
1
Accounting (Governmental)

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Estate Planning
  • None

Prerequisites

Some introductory background in governmental accounting

Advanced Preparation

None

Intended Audience

Governmental industry professionals and auditors

Provider

Surgent CPE

This can not be purchased at this time.