2024 Governmental GAAP Update

Overview

This course begins with a look at the GASB standards effective this year, including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We'll include practical application of the topics in the form of case studies. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Prerequisites

Prior experience with governmental financial reporting

Objectives

After attending this presentation, you will be able to...

• Recall the impact of GASB 100 and 101 on financial reporting for governments.
• Analyze the impact of standards effective in 2024.

Highlights

The major topics that will be covered in this course include:

• New GASB standards:
  • GASB 100, Accounting Changes and Error Corrections.
  • GASB 101, Compensated Absences.
• Practical case studies.