We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We will then switch to the audit side of the house to examine the impact of the 2024 Compliance Supplement on Single Audits and the changes to the Uniform Guidance. We close with a look at common deficiencies found in Single Audits.
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 100 and 101 on financial reporting for governments.
- Recall the impact of standards effective in 2024.
- Identify changes to single audits as a result of the 2024 Compliance Supplement.
- Recall common deficiencies found related to Single Audits.
- Recognize changes to the Uniform Guidance.
Major Topics
The major topics that will be covered in this course include:
- A look at the GASB standards that are effective this year.
- GASB 100, Accounting Changes and Error Corrections.
- GASB 101, Compensated Absences.
- The impact of the 2024 Compliance Supplement on Single Audits.
- Changes to the Uniform Guidance.
- Common deficiencies found in Single Audits.
