Introduction to GASB Statement 87
Lease accounting is anything but simple. Are you in the loop on GASB Statement 87? Press play for quick insights on lease categories, financial statement impacts, performance-based leases for casinos, and more.
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Wesley Ryan Benally, CPA
REDW Principal and National Tribal Practice Leader
As the leader of REDW’s National Tribal Practice and an enrolled member of the Navajo Nation, Wes is committed to improving financial literacy throughout Indian Country. Beyond hosting the Insight in Indian Country podcast, Wes serves as an instructor for the Tribal Financial Managers Certificate Program at Arizona State University’s American Indian Policy Institute. He’s also a frequent speaker on audit and accounting topics at many webinars, seminars, and national tribal conferences.
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Words of Wisdom for Implementing GASB Statement 87
We’re sure you’ve heard about GASB 87 here and there—fiscal year 2022 is going to be a big year. Now is the time for Tribal governments and enterprises to inventory, implement, and record. In our quick summary of the new GASB, we’ll get you up to speed on considerations for reviewing contracts and what leases may or may not be included.
Compensation Studies—Your Key to Hiring and Retaining Top Talent
It’s important to attract—and retain—the best employees to ensure the long-term success and sustainability of your tribal organization. And given an exceptionally competitive labor market and the usual budget constraints, this means basing your employee compensation and benefits programs on relevant and reliable data.
Since 2011, REDW has continued to compile a comprehensive annual survey of employee compensation data that Tribal Governments and Tribal Gaming organizations need to make smart, strategic decisions for strengthening their workforce. Each year data is collected in the Spring and Summer and a full report of the findings, complete with historic trends, is made available in the Fall.
Our 2023 Tribal Compensation Study is underway! Get up to speed on participation, pricing, our data collection process, and game-changing survey report.
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