The implementation period for GASB 96 Subscription Based Technology Arrangements is here; how exciting! Well, if you do accounting for a living, you know that there’s a certain satisfaction in implementing new standards and changing the face of your financial statements, especially when it is a benefit to your organization.

What is the benefit of using GASB 96 to account for your move to cloud-based software systems? This article walks you through the implementation of GASB 96.