GASB 87 Lease Identifier
Is the underlying asset considered an intangible asset, a biological asset, or inventory?
Common Examples
Intangible Assets: Rights to explore for oil, licensing agreements for computer software, patents, copyrights
Biological Assets: Timber, living plants, living animals
Intangible Assets: Rights to explore for oil, licensing agreements for computer software, patents, copyrights
Biological Assets: Timber, living plants, living animals