GOV1944. What is Happening with the GASB Financial Reporting Model?

Track: 
SLG
Field of Study: 
Accounting (Governmental)
CPE Credit: 
2.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of auditing, accounting and/or compliance requirements for state and local government and/or not-for-profits. General experience auditing state and local governments and/or not-for-profits, including those engagements audited under GAGAS.

Wednesday, October 30, 2019
 
8:30AM-10:10AM

The title of this session is not only a great question, but a great question that maybe doesn’t yet have a great answer yet. This session will take a much deeper dive into the Financial Reporting Model Preliminary Views document, any subsequent Board decisions, and the Board’s decision-making process that has led to where we are today. Specifically, we will focus on the governmental funds measurement focus and recognition issues, while also addressing some of the more interesting proposed changes related to financial statement formats and presentations.

Learning Objectives:
1. Identify the Board's tentative conclusions on the reexamination of the financial reporting model.
2. Apply how the coming Exposure Draft will impact your government.


SESSION SPEAKER(S)

CPA
President | Crawford & Associates, P.C.
CPA, CGMA
Senior Project Manager | Governmental Accounting Standards Board (GASB)