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Embedded Leases Under GASB 87

Whether you’ve already transitioned or are still in the weeds, understanding embedded leases under the new lease accounting standards can be challenging. Our Technical Accounting Manager, Abdi Ali, breaks down embedded leases under GASB 87.

Recent Blogs

Lessor vs. Lessee: Differences, Accounting, & More Explained

Lessor vs. Lessee: Differences, Accounting, & More Explained

1. Lessee meaning 2. Lessor meaning Lessor vs. lienholder 3. Who are the lessor and the lessee in rental agreements? Commercial real estate Lessor and lessee in subleases Sale-leaseback transactions 4. What is lessor’s risk insurance? 5. Differences in lessor vs....

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Software Capitalization Rules under US GAAP and GASB

Software Capitalization Rules under US GAAP and GASB

1. Software Capitalization Rules under FASB and GASB 2. Types of software Purchased software Internally-developed software Software as a Service (SaaS) 3. SummarySoftware Capitalization Rules under FASB and GASB The capitalization of software development costs was a...

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