june, 2022

03jun8:00 am12:00 pmSCACPA GASB UpdateMelisa will be presenting 4 credits

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Event Details

The Government Accounting Standards Board (GASB) has been very active in its standard setting agenda. This course reviews accounting standards issued by the Government Accounting Standards Board (GASB) that have been recently issued as well as those that will be effective in the near future. Key areas of focus will include fiduciary activities, leases, PPP and SBITAs. We’ll also discuss accounting for various CARES Act funding. 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 including revenue and expense recognition and the financial reporting model.

Attendees will be able to:

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

Time

(Friday) 8:00 am - 12:00 pm EST

Location

Hampton Inn at Sun City

29 William Pope Drive

Organizer

South Carolina Association of CPAs

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