In this webcast, you'll learn about the GASB lease standard that will take effect for fiscal years beginning and after June 15, 2021. In addition to an overview of the single model for recording leases, you'll gain insights about: 

- Tips and strategies for auditing lease liabilities and related financial statements 

- Relevant assertions and identified risks 

- How to apply substantive audit procedures 

- The impact of GASB Statement No. 96, Subscription-Based Information Technology Arrangements

Learning Objectives:

- Apply the single model for recording leases 

- Identify implementation challenges related to GASB 87 

- Identify key auditor considerations

- Determine the impact of GASB 96 on the implementation of GASB 87