GASB 87 creates a monumental change to lease accounting with influence reaching far beyond financial reporting. Adopting the new rules may require substantial time and effort not only upon transition, but also going forward. In this session, we will highlight key technical and operational issues in connection with transitioning to and applying GASB 87.
Learning Objectives:
- Determine the substantial resources adopting GASB 87 will require and how departments outside of financial reporting will be affected
- Demonstrate a comprehensive example of applying the new standard as of the transition date and in the steady-state
- Identify key technical and operational issues when transitioning over to GASB 87
Bob Malinowski
RSM US LLP
Senior Director
(212) 372-1444
Bob provides accounting advisory services to clients to help them understand accounting and financial reporting consequences of complex and sophisticated financial structures employed in mergers, acquisitions, divestitures, and financing transactions.
Bob is a subject matter resource with regards to lease accounting issues and transactions. He advises clients on a national basis with regards to all varieties of lessee and lessor-related issues under US GAAP and IFRS, and speaks frequently on lease accounting topics at various forums and events.
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