Tracks: FOS: ACCG (Accounting Governmental)
This session takes a deep dive into Statement of Federal Financial Accounting Standards (SFFAS) 54: Leases and how agencies like NASA are going about successful implementation. Master this critical government accounting standard by joining the discussion panel on key factors like "roadshows" to identify applicable populations and the process of reviewing underlying property details, overcoming accounting system hurdles and implementing new controls. Attendees will also hear from the Federal Accounting Standards Advisory Board (FASAB) on how they supported the financial reporting community with various modes of education and outreach.