Webinar: Preparing for GASB 96 – Subscription Based IT Arrangements

Weaver Wednesday: Government CPE Series

Subscription Based IT Arrangements (SBITAs) are commonplace in today’s government operations. GASB 96, effective for fiscal years beginning after June 15, 2022, looks further at SBITAs specifically requiring organizations to record right-of-use assets and related liabilities.

While GASB 96 brings on reporting requirements similar to those for leases under GASB 87, organizations should maximize the opportunity to document and record these contracts. Join our presenters for insight into best practices and tips for a smooth implementation.

This on-demand session covers the following:

• Definition of SBITA per GASB 96
• Capitalization criteria and footnote disclosure requirements
• Tips for a smooth implementation

Preparing for GASB 96 – Subscription Based IT Arrangements

Meet the speakers:

• Claire Wootton, Senior Manager, Assurance Services — Weaver
• Nicole Bradshaw, Senior Manager, Assurance Services — Weaver

This webinar is for all levels of business professionals, accountants and CFOs.

Please note that CPE credit is not awarded for recorded webinars. Keep an eye on our events page, or sign up to receive invites for future webinars.