Governmental Accounting Mid - Year Update - Getting Ready for June 30, 2026 including GASB-103&104
Author: Eric S. Berman
| CPE Credit: |
2 hours for CPAs |
State and local governments face critical implementation requirements as they prepare for fiscal year end June 30, 2026 financial reporting. This mid-year online course delivers a focused, practical update on the latest Governmental Accounting Standards Board (GASB) guidance, with particular emphasis on the implementation of GASB Statement No. 103, Financial Reporting Model Improvements, and GASB Statement No. 104, Disclosure of Certain Capital Assets along with related current and proposed Implementation Guidance
Participants will examine how these standards affect governmental basic financial statements, notes to the basic financial statements, and year-end preparation, review applicable Implementation Guide questions, and gain insight into upcoming GASB statements and projects in process. Designed as a timely update, this session equips governmental accounting professionals with the knowledge needed to confidently finalize financial reporting and prepare for upcoming standards.
Publication Date: May 2026
Designed For
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 the June 30, 2026 fiscal year end
- Upcoming GASB statements, including GASB Statement No. 105, Subsequent Events
- GASB projects currently in process
Learning Objectives
- Apply GASB Statement No. 103 to prepare fiscak year end June 30, 2026, governmental basic financial statements in accordance with updated financial reporting model requirements
- Implement notes to the financial statements requirements of GASB Statement No. 104 related to certain capital assets
- Analyze relevant GASB Implementation Guide questions and answers applicable to the fiscal year ending June 30, 2026
- Identify the impact of upcoming GASB statements, including GASB Statement No. 105, and other projects in process
- Explain how to prepare for fiscal year-end reporting by identifying key considerations affecting June 30, 2026 governmental basic financial statements
Level
Update
Instructional Method
Self-Study
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
