What's Going on at the GASB

This course reviews accounting standards issued by the Government Accounting Standards Board (GASB) that will be effective this year as well as those that will be effective in the near future. In addition to reviewing the standards, we will also focus on implementation strategies and challenges. Finally, we will turn our attention to the future by discussing GASB’s current projects and exposure drafts.

Learning Objectives

Describe the impact of newly issued and recently effective standards on governmental accounting
Identify proposed changes to governmental financial reporting.

Major Topics

Leases
SBITAs
Public Private Partnerships
Revenue & Expense Recognition
Financial Reporting Model

CPE Credits Available

Total CPE

4: Accounting & Auditing

Things to Know About This Course

Course Level

Update

Prerequisites

Prior experience with accounting for governmental entities

Advanced Preparation

None

Intended Audience

Ideal for practitioners and members in industry responsible for accounting and financial reporting for governmental entities

Provider

ACPEN