Get the free Implementation Update #87 - ncdhhs

This document provides an update on the implementation of behavioral health services and relevant policies within the North Carolina Department of Health and Human Services, focusing on Medicaid service

How to fill out implementation update 87

How to fill out Implementation Update #87

1. Begin by opening the Implementation Update #87 document.
2. Review the previous updates to gather context.
3. Fill out the date at the top of the document.
4. List any new milestones achieved since the last update.
5. Provide an overview of challenges encountered and solutions implemented.
6. Include any changes to the project timeline or scope.
7. Add team member contributions and acknowledgments.
8. Conclude with a summary of next steps or upcoming deadlines.

Who needs Implementation Update #87?

1. Project managers overseeing the implementation process.
2. Team members involved in the project for accountability.
3. Stakeholders requiring updates on progress and challenges.
4. Anyone interested in the status of the project's implementation.

People Also Ask about

What are the 5 rules for a capital lease?

If any one of these five criteria are met, at its inception, the lease should be considered a finance lease: Transfer of ownership. The lease transfers ownership of the property to Cornell by the end of the lease term. Lease purchase option. Lease term. Present value. Alternative use.

What is the non cancellable period for GASB 87?

The noncancelable period is 14 months. A termination option covers the remaining 46 months. The agency must determine if it is reasonably certain that they won't exercise this option.

What is the non cancellable period of a lease?

The non-cancellable period of a lease is any period during which the lessee is unable to terminate the contract. However, lessees of property often have the option either to extend the lease or to cancel the lease earlier than the contractual lease term.

What is the cancellable period for GASB 87?

Early Termination Period After one year, the agency can give 60 days' notice to terminate the lease. The noncancelable period is 14 months. A termination option covers the remaining 46 months. The agency must determine if it is reasonably certain that they won't exercise this option.

What is gasb 87 in layman's terms?

Under GASB 87, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources. This improves the relevancy and consistency of information.

What is the difference between GASB 87 and ASC 842?

The key difference here is that under GASB 87 the transfer of ownership indicates you do not have a lease, but rather a financed purchase arrangement for a lessee or a sale of the asset by the lessor. In contrast to ASC 842, in which the transfer of ownership provision results in a finance lease.

What is a noncancelable lease?

Non-cancelable leases cannot be canceled, and cancelable leases may have non-cancelable periods where neither the lessee or lessor can end the lease. Changes to the lease terms, such as updates to non-cancelable periods, can always be made by agreement of both parties.

For pdfFiller’s FAQs

What is Implementation Update #87?

Implementation Update #87 is a regulatory notice that outlines changes and updates related to a specific implementation process or compliance requirement.

Who is required to file Implementation Update #87?

Entities or individuals who are subject to the regulations or standards specified in Implementation Update #87 are required to file.

How to fill out Implementation Update #87?

Implementation Update #87 must be filled out by providing the required information in the designated sections, ensuring accuracy and compliance with the outlined guidelines.

What is the purpose of Implementation Update #87?

The purpose of Implementation Update #87 is to communicate essential information about compliance requirements, updates, and any changes that may affect stakeholders.

What information must be reported on Implementation Update #87?

The information reported on Implementation Update #87 typically includes entity details, compliance status, any applicable updates, and other required documentation as specified in the guidelines.