Leases

Learn the definition of a lease, the parties involved, and the impact of GASB 87 on lease accounting.

A summary of the common lease types you’re likely to run into.

Recognize the different dates that may be listed in a lease agreement and the importance of each.

Know what lease terms are and what their purpose is within a lease agreement.

Discover everything you need to know about lease payments.

Get a grasp on lease accounting and how the process has changed under the new GASB 87 standard.

Understand the basic actions involved with processing a lease agreement.

Get informed on lease presentation and disclosure on your financial statements.