Specifications include, but are not limited to: A. Accounting Consultation Services: Implementation services for Governmental Accounting Standards Board (GASB) Statement No. 87, Leases. The City’s applicable implementation date for GASB 87 is for our fiscal year ending September 30, 2022. GASB 87 implementation consulting services are expected to include, but are not limited to, the following: • Assist City management in reviewing lease agreements and related data to determine which items are within the scope of GASB 87 • Assist City management in developing and implementing accounting, reporting and internal controls/processes over lease activity • Assist City management in determining the necessary general ledger entries for inclusion in the City’s financial statements
