OVERVIEW

GASB has been very busy issuing standards impacting state and local governments. This course take a deeper dive into GASB 84, Fiduciary Activities and GASB 87, Leases. We will also cover other relevant standards and discuss GASB 95 and its impact on effective dates. The course will close with a review of GASB’s Technical Bulletin, Accounting and Financial Reporting Issues Related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) of 2020 and Coronavirus Diseases, as well as GASB’s Toolbox for entities to consider the impact of COVID on financial reporting.

HIGHLIGHTS

GASB 84, fiduciary activities, and GASB 87.

PREREQUISITES

Prior experience with governmental financial reporting.

DESIGNED FOR

Practitioners serving governmental entities.

OBJECTIVES

Recognize changes to governmental financial reporting.