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After the success of the original Accounting Technology Innovation Summit, LeaseQuery set out to put together another virtual event, this time focused exclusively on government accounting standards – The GASB Technology Innovation Summit (#GASBInnovationSummit).

The free, five-hour virtual event took place on Feb. 23, attracting more than 1,000 registrations from accountants and finance professionals across the country. The event served up presentations from LeaseQuery, RGP, RSM, and Eide Bailly. Attendees got an in-depth overview of the GASB 87 lease accounting standard, including the latest technical accounting revisions, policy considerations, and timelines. Summit presenters also covered the impacts of two other key government standards – GASB 83, Certain Asset Retirement Obligations, and GASB 96, Subscription-based IT Arrangements.

Memorable takeaways from the #GASBInnovationSummit

Below, we’ve highlighted several impactful quotes from the #GASBInnovationSummit. If you’re looking for more inspiration on how government organizations should be navigating the changes in lease accounting, check out the GASB Innovation Summit recap page. Here, you will find recordings of all four #GASBInnovationSummit sessions.