The Ultimate Guide for GASB 96: Accounting for SBITAs
This guide covers the adoption of GASB 96, accounting for subscription-based IT arrangements (SBITAs), in an easy-to-understand format with real-life examples.
Download the report for insights on:
The definition of a SBITA
SBITA terms
Subscription liability
This new guidance is effective for fiscal years beginning after June 15, 2022, and all reporting periods thereafter. No prior guidance exists for these specific contracts.