Understanding GASB 96:
Subscription-Based IT Arrangements (SBITA)
March 29th at 1 PM CT
The LeaseCrunch team will help you understand GASB 96, what counts as a SBITA, and how to account for these types of arrangements. We'll also discuss how to get started with implementation and compliance with GASB 96.
- Understand what counts as a complete population of SBITA
- Determine which parts of subscription-based costs should be capitalized
- Learn how to measure the initial subscription liability and subscription asset
- Discuss capitalization criteria and footnote disclosure requirements- Planning for GASB 96 implementation using what we learned from GASB 87
LeaseCrunch is a simple, scaleable, cloud-based solution that allows CPA firms, companies and government entities to automate the new lease accounting requirements.