Lease and SBITA Accounting for Tribal Entities

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Presented on June 15, 2022

Lauren Surek, Senior Manager, Moss Adams
Javier Moreno, Senior Manager, Moss Adams

The Governmental Accounting Standards Board (GASB) issued Statement Number 87, Leases, and Statement Number 96, Subscription-Based Information Technology Arrangements (SBITA). These standards significantly change the accounting and reporting requirements for leases and subscription-based information technology arrangements.

GASB 87 is effective for reporting periods beginning after June 15, 2021, and GASB 96 is effective for reporting periods beginning after June 15, 2022, which means it’s time to start planning for implementation.

Watch our on-demand webcast to learn how changes introduced by GASB 87 and 96 may affect your Tribe or Tribal entity.

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