Wrapping up 2026 - Governmental Accounting Year End Update Including One Last Look at GASB-103 & 104
Date: Thursday, December 3, 2026
Instructor: Eric S. Berman
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
As calendar year-end approaches, state and local governments must finalize annual financial reporting while ensuring compliance with newly implemented GASB standards. This year-end online course provides a comprehensive, practical update to help governmental accounting professionals confidently close out 2026 Basic Financial statements, with a final in-depth look at GASB Statement No. 103, Financial Reporting Model Improvements, and GASB Statement No. 104, Disclosure of Certain Capital Assets.
Participants will review key implementation considerations, applicable Implementation Guide questions and answers, and common reporting challenges encountered during the first year of adoption. The session also looks ahead to upcoming standards—including GASB Statement No. 105, Subsequent Events, and other active GASB projects—equipping attendees with clarity for both year-end reporting and early planning for calendar year 2027.
Who Should Attend
This course is designed for governmental accountants, auditors, finance officers, controllers, and accounting managers responsible for preparing, reviewing, or auditing state and local government financial statements.
Topics Covered
- GASB Statement No. 103 – Financial Reporting Model Improvements
- GASB Statement No. 104 – Disclosure of Certain Capital Assets
- Implementation Guide updates applicable to calendar year 2026
- Upcoming GASB standards, including GASB Statement No. 105, Subsequent Events
- GASB projects currently in process
Learning Objectives
- Apply GASB Statement No. 103 when preparing December 31, 2026 governmental annual financial reports
- Implement disclosure requirements of GASB Statement No. 104 related to certain capital assets
- Interpret applicable GASB Implementation Guide questions and answers relevant to 2026 year-end financial reporting
- Assess the impact of upcoming GASB standards, including GASB Statement No. 105, and projects currently in process
- Prepare for calendar year-end close with an informed outlook toward governmental accounting standards for 2027 and beyond
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
Participants should have a working knowledge of governmental accounting and financial reporting, including familiarity with the GASB financial reporting framework.
Advance Preparation
None
