Events
31 May 2023 - 31 May 2023
Guam (GMT+10)Change
Preparing for the Year-End Close - Government
This 4-day course (3 mornings only and 1 full day – 20 CE) is geared primarily toward accountants for governmental units who already have a basic knowledge of introductory accounting principles. It focuses on preparing for the year-end close in the governmental funds, specifically, the General Fund.
20 Jun 2023 - 24 Mar 2023
Guam (GMT+10)Change
Leases, Leases and More: The Implementation of GASB Statements 87, 96 and 94
Several new GASB accounting standards have recently became effective that alter the historical landscape of how lease accounting has always been performed (GASBs 87 and 96). In addition, a new GASB accounting standard has also been issued related to the accounting and financial reporting of public-private and public-public partnerships (GASB 94). GASB 87 not only does away with the methodology of previous accounting for leases, but also introduces new concepts for what a lease is, and even more importantly what is not a lease, and also provides new guidance on how to determine the true “term” of a lease for accounting and financial reporting purposes.