GASB 96 Quarterly Reporting
GASB 96, Subscription-Based Information Technology Arrangements
Deliverables
- Contract Review Log
- FY2025 SBITA Template (with completed and signed Checklist)
Deadlines
- Q1: July 1-Sept 30 – Due Oct 31
- Q2: July 1-Dec 31 – Due Jan 31
- Q3: July 1-Mar 31 – Due Apr 30
- Q4: July 1-June 30 – Due July 15 (YE GASB 96 Reporting)
State of Wyoming Resources
- (1) GASB 96 Summary
- (2) PowerPoint Training
- (3) List of Possible SBITAs
- (4) Decision Tree
- (5) Calculation Tools: Subscription Term, Liability, Asset, Stages of Implementation
- (6) FY2025 Monthly Borrowing Rates
- (7) FY2025 SBITA Template Instructions
GASB Literature and Resources
- GASB Statement No. 96, Subscription-Based Information Technology Arrangements
- GASB Statement No. 87, Leases
- GASB Statement No. 51, Accounting and Financial Reporting for Intangible Assets
- GASB Statement No. 99, Omnibus 2022
- GASB Implementation Guide No. 2019-3, Leases
- GASB Implementation Guide No. 2020-1, Implementation Guidance Update—2020
- GASB Implementation Guide No. 2021-1, Implementation Guidance Update—2021
- GASB Implementation Guide No. 2023-1, Implementation Guidance Update—2023