Governmental Accounting & Auditing Update (Completed)

Date: Wednesday, May 1, 2019
Instructor: Melisa Galasso
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs

The Government Accounting Standards Board (GASB) has been very busy lately. This course will review the accounting standards newly issued by GASB, including Leases, OPEB and Fiduciary Activities. We will focus on the implementation of standards that will be effective in the near future. We’ll also discuss GASB’s current projects and exposure drafts so you better understand what’s coming down the road. We will close with a look at the major changes in Single Audit and Yellow Book impacting governmental accountants and auditors.

Topics Covered

  • Newly issued accounting standards by GASB, including Leases, OPEB and Fiduciary Activities
  • Focus on the implementation of standards
  • GASB's current projects and exposure drafts
  • Major changes in Single Audit and Yellow Book

Learning Objectives

  • Describe the accounting standards newly issued by GASB, including Leases, OPEB and Fiduciary Activities
  • Recognize the implementation of standards and when they are effective
  • Identify GASB's current projects and exposure drafts and how they apply
  • Describe the major changes in Single Audit and Yellow Book

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (Governmental) (1 hour), Auditing (Governmental) (1 hour)

Program Prerequisites
A basic understanding of Governmental Accounting & Auditing.

Advance Preparation
None

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