The GASB's Infrastructure and Implementation Guide Update Exposure Drafts and other GASB Projects
Author: Eric S. Berman
| CPE Credit: |
2 hours for CPAs |
Governmental accounting standards continue to evolve, and staying informed on current and proposed GASB guidance is essential for professionals working with state and local governments. This online course provides a timely, practical update on the Governmental Accounting Standards Board’s most significant current projects as of March 2026, including the proposed Infrastructure Assets Exposure Draft and the Implementation Guide Update.
Participants will examine the purpose, scope, and anticipated impact of these exposure drafts, explore how the proposed guidance may influence governmental financial reporting, and gain insight into the GASB’s broader standard setting, research, and post implementation review activities. The session also highlights other GASB projects including voluntary digital financial reporting initiatives, equipping participants with forward looking knowledge to anticipate future reporting and compliance considerations.
Publication Date: March 2026
Designed For
This course is designed for governmental accountants, auditors, finance officers, controllers, and accounting professionals who prepare, audit, or oversee state and local government financial statements.
Topics Covered
- GASB Exposure Draft on Infrastructure Assets
- Implementation Guide Update Exposure Drafts
- Other active and ongoing GASB standard‑setting projects
- Voluntary digital financial reporting initiatives
- GASB research agenda and post‑implementation review activities
Learning Objectives
- Identify the key provisions and objectives of the GASB Exposure Draft on Infrastructure Assets
- Explain the proposed changes included in the GASB Implementation Guide Update and their potential implications for governmental entities
- Identify how current and proposed GASB projects may impact governmental financial statements and related disclosures
- Describe the purpose and current status of GASB’s voluntary digital financial reporting initiatives
- Summarize recent GASB research activities and post‑implementation review efforts relevant to governmental accounting professionals
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
Basic working knowledge of governmental accounting and financial reporting and a general familiarity with GASB standards.
Advance Preparation
None
