The Most Critical Challenges in Governmental Accounting Today

Overview

With the constant churning of governmental accounting standards, now is the time to know more than just what the standards say; we need to know what they mean and how they will affect governmental entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in governmental accounting today.

Highlights

• The implementation of GASB No. 101 on compensated absences.
• The 2025 application of GASB No. 102 regarding certain risk disclosures.
• GASB No. 103 addressing improvements to the financial reporting model. Additional recently issued GASB standards and projects.

Prerequisites

Basic auditing knowledge

Designed For

Governmental industry professionals and auditors

Objectives

After attending this presentation participants will be able to …

• Identify the critical changes occurring in governmental accounting today.
• Skillfully implement today’s most challenging GASB standards.
• More effectively audit governmental entities through superior knowledge of key accounting issues.