The Lease, SBITA and P3 Framework Step By Step
Date: Thursday, September 11, 2025
Instructor: Eric S. Berman
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
The accounting and financial reporting for states and local governments relating to leasing, P3’s and SBITAs has been among the biggest changes in GAAP over the last decade. However, some of us still miss elements of each of the standards. Understand how to recognize the contracts, measure them, present and disclose them.
Who Should Attend
Preparers and auditors of states and local governments.
Topics Covered
- Governmental accounting for:
- Leases
- P3’s and
- SBITAs
Learning Objectives
- Understand the lease framework for lessee and lessor state and local governments
- Compare and contrast the lease framework with that for Subscription-Based Information Technology Arrangements (SBITAs) and for Public-Private and Public-Public Partnerships and Availability Payment Arrangements (P3s)
- Understand the pitfalls in the accounting and financial reporting for each
- Hear the most frequently asked questions on each
- Understand how to prepare the information needed for the Notes to the Basic Financial Statements for each
Level
Overview
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
