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150+ Top Global Cloud Thought Leaders and Next Generation Leaders of 2021

Whizlabs

Rick Blaisdell – Chief Technology Officer at Motus, LLC, Cloud Expert . Rick is a well experienced CTO who can offer cloud computing strategies and services to reduce IT operational costs and thus improve the efficiency. He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech.

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Understanding Lease Accounting Standards by Public Industry, Private Industry, and Region

Insight Software

Lease accounting requirements for finance/capital leases and operating leases vary from industry to industry and by region. Manufacturing The manufacturing industry is one of the largest users of industrial equipment, which means that there are a large number of finance and operating leases.

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GASB 96 Summary: Don’t Sweat Over SBITAs

Insight Software

This blog focuses on GASB 96 which applies to subscription-based information technology arrangements (SBITAs) as of June 2022. Any of these entities involved in subscription-based payments for information technology software should be aware of GASB 96. What Do I Have To Disclose Under GASB 96?

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What Is an SBITA?

Insight Software

In the world of accounting and finance, acronyms and abbreviations are commonplace. One such term that has been gaining attention in recent years, particularly in the context of governmental accounting, is SBITA, which stands for Subscription-Based Information Technology Arrangement.

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What is the Difference Between GASB 87 and GASB 96?

Insight Software

Think of GASB 87 as the go-to for lease-related accounting, while GASB 96 is all about accounting for those IT services you get through a subscription. Overview of GASB 96, Subscription-Based Information Technology Arrangements (SBITAs) GASB 96 governs how government agencies manage the accounting of technology subscriptions.