This course provides a focused update on major recent pronouncements issued by the Governmental Accounting Standards Board (GASB). Coverage includes GASB Statement No. 103 (financial reporting model), GASB Statement No. 104 (disclosures for capital assets), and GASB Statement No. 105 (subsequent events). Participants will also receive a high-level overview of active GASB exposure drafts and ongoing projects. The course is designed to help auditors, preparers, and financial leaders understand how these developments affect audits, financial statement preparation, and board reporting. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Recall the impact of GASB Statement No. 103 on the governmental financial reporting model.
- Identify new disclosure requirements introduced by GASB Statement No. 104.
- Recognize requirements related to subsequent events under GASB Statement No. 105.
- Recall key elements of recent GASB exposure drafts and active projects.
Major Topics
The major topics that will be covered in this course include:
- Recent pronouncements issued by the Governmental Accounting Standards Board (GASB)
- GASB Statement No. 103 (financial reporting model)
- GASB Statement No. 104 (disclosures for capital assets)c
- GASB Statement No. 105 (subsequent events)
- Active GASB exposure drafts and ongoing projects
