Governmental Accounting and Auditing Update: Year-End Planning (Completed)
Date: Friday, November 7, 2025
Instructor: Eric S. Berman
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Year-end 2025 includes some major changes for states and local governments. GASB Statement Nos. 87 through 101 may have an impact on your annual financial report. Hear about the latest changes to help you plan for this year’s annual audit.
Who Should Attend
Preparers of state and local government annual financial reports.
Topics Covered
- One last look at GASB-87, Leases and related standards – audit aspects
- GASB-91, Conduit Debt Obligations
- GASB Statement Nos. 92 and 99, Omnibus standards and audit aspects
- Quick Overview of GASB Statement No. 100, Accounting Changes and Error Corrections and GASB Statement No. 101, Compensated Absences and audit aspects
Learning Objectives
- Describe the basics of GASB-87 and the potential auditing of leases and similar contracts.
- Describe the basics of Conduit Debt Obligations — GASB-91 and the potential auditing of conduit debt
- Recognize the overall provisions of GASB Nos. 92, 93, 99 and their impact on other standards
- Understand some of the potential auditing of elements of GASB Statement No. 100, Accounting Changes and Error Corrections
- Understand the potential auditing of elements of GASB Statement No. 101, Compensated Absences
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (Governmental) (1 hour), Auditing (Governmental) (1 hour)
Program Prerequisites
Basic knowledge of GAAP for state and local governments.
Advance Preparation
None
