2025 Governmental GAAP Update: Navigating GASB Standards
This course provides an in-depth exploration of the latest GASB standards, including compensated absences, certain asset disclosures, risk and uncertainty disclosures, and financial reporting model improvements. Gain valuable insights into the background and intent behind each standard, understand their potential impact, and learn how to effectively plan for implementation. Whether you’re responsible for preparing or auditing governmental financial statements, this session will equip you with the knowledge and tools needed to navigate these changes with confidence and ensure compliance in 2025 and beyond.
Upon completing this course, a learner will be able to:
- Recognize the impact of GASB 101 on accounting for compensated absences
- Recall changes to the financial reporting model
- Identify changes to disclosure requirements for certain assets and risks