GASB 96 (Governmental Accounting Standards Board Statement No. 96) provides guidance for governmental entities’ accounting and financial reporting of subscription-based IT arrangements. Subscriptions impact all types of governmental entities, including schools.
The standard aims to improve transparency and comparability in financial reporting and requires schools to report their subscription-based IT arrangements on their financial statements.
Join the education experts at Maner on Wednesday, May 3, from 10-10:45 a.m. as we dive into GASB 96 and how your school can ensure compliance.