GASB 96 Subscription Based IT Arrangements: What Your School Needs to Know to Stay Compliant

Children sitting at desks in a classroom raise their hands toward a teacher standing in front of a green chalkboard, indicating they want to answer a question. The scene is bright and engaging.

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.

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