№ lp_1_2_19399
Guidance describing accounting requirements under GASB 87 for lease contract amendments, detailing when changes constitute modifications or terminations and how lessees recognize remeasurement, asset adjustments, and related reporting based on governmental accounting standards.
Year: Not specified
Jurisdiction: United States
Accounting standard: GASB Statement No. 87
Subject: Lease accounting
Document type: Accounting guidance
Issuing body: Governmental Accounting Standards Board
Applicable entities: Lessees in governmental entities
Scope: Lease modifications and terminations
Accounting treatment: Remeasurement, partial termination, full termination
Related tools: GASB 87 Lessee Modification Template
Audit relevance: Subject to review by the California State Auditor
Source reference: SCO GASB 87 reporting instructions
Authoring organization: State Controller’s Office
Price: 8 / 10 USD
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