This course begins with a look at the GASB standards effective this year, including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We'll include practical application of the topics in the form of case studies.
DESIGNED FOR
Practitioners with governmental clients and those working for governmental entities.
BENEFITS
After attending this presentation, you will be able to...
- Recall the impact of recent GASB standards on financial reporting.
- Identify independence requirements of Yellow Book.
- Identify changes in the 2024 Compliance Sup
HIGHLIGHTS
The major topics that will be covered in this course include:
- GASB 100, Accounting Changes and Error Corrections.
- GASB 101, Compensated Absences.
- Yellow Book and Single Audit engagements.
- Yellow Book independence requirements.
- Changes to the Uniform Guidance.
- 2024 Compliance Supplement and the common deficiencies identified by the federal agencies and peer reviewers.
PREREQUISITES
Prior experience with GAGAS, Uniform Guidance and governmental accounting
ADVANCE PREPARATION
None