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GASB 87 compliance for Lease Accounting module — Cloud Customer Connect
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GASB 87 compliance for Lease Accounting module

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Summary:

Our client is a public sector entity and they need to conform to the GASB 87 compliance for their leases. Does Oracle Lease accounting support GASB 87 compliance?

Currently, we only have IFRS 16 and ASC 842 as options in Lease accounting? What is Oracle's guidance for those clients who are looking for GASB 87 compliance and related reportings?

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Need Oracle's recommendation for using Lease accounting and complying with GASB 87 for public sector clients

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