MYCPE ONE

GASB 96: A Complete Guide to Long-Term SBITA Accounting 1 Credit

GASB 96: A Complete Guide to Long-Term SBITA Accounting 1 Credit

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Access to this course is included with a MYCPE ONE subscription.

See how subscription works

Learning Objectives

  • Determine when an arrangement qualifies as a SBITA under GASB 96.
  • Measure subscription assets and liabilities using required capitalization rules.
  • Maintain complete and accurate SBITA populations and related documentation.
  • Apply controls to capture changes and minimize cut-off compliance risks.
  • Compare spreadsheet methods with automated solutions for ongoing compliance.

Course Overview

As governments increasingly adopt cloud-based technologies and subscription-driven IT services, GASB 96 has emerged as a critical standard shaping how Software-Based Information Technology Arrangements (SBITAs) are recognised, measured, and disclosed. Long-term SBITAs require detailed tracking, accurate capitalisation, and consistent internal controls to ensure fully compliant financial reporting.

This CPE course provides a practical, step-by-step guide to navigating ongoing SBITA accounting under GASB 96. The course explains how to determine whether a contract meets the definition of a SBITA, how subscription terms and project stages affect capitalization, and how to measure subscription assets and liabilities. Participants will also learn how to maintain completeness of the SBITA population, capture changes accurately, and mitigate cut-off risks during multi-year arrangements.

Major Topics:

  • GASB 96 SBITA fundamentals
  • Measuring assets and liabilities
  • Documentation and internal controls
  • Capturing changes and cut-off risks
  • Spreadsheet vs. software compliance

The course emphasizes the difference between spreadsheet-driven approaches and software-supported compliance, highlighting best practices for reporting, audit readiness, and internal controls. By the end of this CPE course, practitioners will be equipped to manage long-term SBITA accounting with clarity and confidence.

On Demand Credits for All Qualifications

License details Credits Status
Accounting (Govt.) for Certified Public Accountants (CPA-US) 1 CPE Approved
Financial Accounting for Certified Internal Auditors (CIA) 1 CPE Eligible
Financial Reporting for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
Accounting (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting (Govt.) for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible

Additional Information

Credit

1

Course Level

Intermediate

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Take your career to the next level with MYCPE ONE’s online CPE courses for CIA professionals. Whether you're earning essential CIA CPE credits or sharpening your skills, we make it easy to learn on your schedule, from anywhere. Our courses cover a wide range of relevant topics, helping you stay ahead of industry trends and challenges. At MYCPE ONE, we’re more than just a learning platform—we’re your partner in achieving your career goals. Start today and unlock the resources you need to excel in your profession.

About Instructor

Carolina Hayward

Carolina Hayward

Marketing Campaign Specialist, Finquery LLC

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

With a fulfilling corporate career behind me, I have chosen to channel my talents and knowledge into raising my daughter, where I can make the biggest impact at this stage of life. This decision reflects a deep commitment to family while cherishing the exhilarating experiences gained in professional environments. My passion for working, learning, and driving results remains strong, poised for future re-engagement when the timing aligns.


This transition underscores a balanced approach to personal and professional fulfillment, prioritizing home life without closing doors to corporate contributions ahead.

Abdi Ali

Abdi Ali

Senior Technical Accounting Manager, LeaseQuery, LLC

  • 4.5
  • rating
  • rating
  • rating
  • rating
  • rating

Abdi, a former Grant Thornton audit associate, now helps FinQuery customers navigate and implement new lease accounting standards like ASC 842. During his time at Grant Thornton, he supported audits for publicly traded and privately held clients, gaining hands-on experience in financial reporting and compliance. His background also includes general ledger accounting, ensuring practical insights for automation and efficiency.


Abdi holds a bachelor’s degree in accounting and a master’s in professional accountancy from Georgia State University’s Robinson College of Business. His expertise bridges audit precision with lease compliance solutions, empowering finance teams at FinQuery.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (74%)

Very Good (19%)

Average (7%)

Poor

Terrible

BD

Buket Dogan, CIA

4

GASB 96: A Complete Guide to Long-Term SBITA Accounting provides a comprehensive and well-structured explanation of accounting requirements for subscription-based information technology arrangements. It clearly outlines recognition, measurement, and disclosure considerations under GASB 96. The course connects technical guidance with practical implementation challenges faced by public sector entities. Overall, it is a valuable resource for professionals responsible for governmental accounting and financial reporting.

TC

Thomas Cornhoff, CGFM

5

A complex topic which the Instructor presented in a clear manner.

Recommended Courses

Excel Accountant: Error Prompts

Apr 13, 09:30 AM EDT

  • CPA (US)
  • CGFM
  • DE LPA
  • FPAC
  • IA LPA
  • ME LPA
Trending
Excel Power Query Automation
premium

Excel- Power Query - No Code Automation Every User Needs to Know About - Part 1

Apr 13, 11:30 AM EDT

  • CPA (US)
  • CFE
  • CGFM
  • DE LPA
  • FPAC
  • IA LPA
  • ME LPA

Excel Magic 3: Automating Data Entry with Data Feeds

Apr 13, 12:00 PM EDT

  • CPA (US)
  • CFE
  • CGFM
  • DE LPA
  • FPAC
  • IA LPA
  • ME LPA

AI FAQs for Accountants: Practical Answers to Strategic Questions

Apr 13, 03:00 PM EDT

  • CPA (US)
  • CMA
  • CISA
  • CGMA
  • CGFM
  • CPA/CITP
  • DE LPA
  • CISM
  • CRISC
  • IA LPA
  • ITCA
  • ME LPA

Beyond Binary - Ethics and AI

Apr 13, 03:00 PM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CGFM
  • CPA/CITP
  • DE LPA
  • FPAC
  • IA LPA
  • ME LPA
GASB 96: A Complete Guide to Long-Term SBITA Accounting

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The MYCPE ONE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Get Started Today

Start your journey towards learning and compliance.

card

$299$199 For 12 Months

Your information is securely encrypted using SSL

Get Started Today

Click Here

More Reasons to Subscribe

  • true true

    80% of Content Rated 4.5+ Stars

    High-quality content rated by professionals.
  • true true

    4X More Content at 1/3rd the Price

    Serious value compared to your regular provider!
  • true true

    Non-Sponsored Content

    Purely educational, unbiased content for your learning.
  • true true

    Monthly & Quarterly Updates

    Keeping you ahead of trends and changes.
  • true true

    Podcasts with Industry Leaders

    Learn and Earn CPE from experts on the go.
More Reasons