Insight Software

FEBRUARY 7, 2025

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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Insight Software

FEBRUARY 7, 2025

However, they must also disclose information about how they use their leased assets, such as whether they are used for patient care or administrative purposes. Information Technology The information technology industry encompasses a wide range of businesses, such as software companies, computer manufacturers and telecommunications providers.

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Insight Software

FEBRUARY 7, 2025

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. Achieving GASB 96 Compliance Achieving GASB 96 compliance becomes a seamless process with the help of EZLease.

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Insight Software

FEBRUARY 7, 2025

Overview of GASB 96, Subscription-Based Information Technology Arrangements (SBITAs) GASB 96 governs how government agencies manage the accounting of technology subscriptions. Get a Demo See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month.

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