Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • Nora AI
  • About Us
    • Our Coverage
    • Team
Regulatory press release

GASB 87 Compliance: Government Organizations Turn to Lease Accounting Readiness Checklist

ATLANTA, Aug. 23, 2018 (GLOBE NEWSWIRE) -- The new GASB 87 lease accounting requirements take effect for government and public sector organizations beginning December 15, 2019. While this deadline seems distant, after witnessing the pressure financial executives have felt in the race to meet FASB standards, organizations tasked with GASB 87 compliance are starting their adoption process now and turning to PowerPlan’s Lease Readiness Checklist as a starting guide.

“Organizations are facing the challenge of not knowing the exact number of leases they need to account for on the balance sheet,” said Dillon Blakes, Senior Product Manager at PowerPlan. Because of the uncertainty behind the process, organizations can leverage PowerPlan’s checklist to create a working plan toward adoption. “This resource guides accounting teams through the compliance process in a sequential method, enabling a seamless transition to GASB 87,” added Blakes.

PowerPlan has helped organizations manage complex operating and capital lease accounting for more than 15 years. PowerPlan’s Lease Accounting software is a leading solution for government and public sector organizations. To download PowerPlan’s Lease Readiness Checklist, visit: http://bit.ly/2w1hmmZ.

About PowerPlan

PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit http://bit.ly/2LfBXbT.

For more information, contact:
pr@powerplan.com

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.