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Navigating GASB standards: Assessing impacts and planning ahead

LIVE WEBCAST | April 24, 2024

Authored by RSM US LLP


Event overview

During this session, we will cover key topics, including an update on new and upcoming Governmental Accounting Standards Board (GASB) standards, an overview of accounting and financial reporting requirements for exchange and exchange-like financial guarantees, upcoming changes to the classification and reporting of certain derivative instruments, and the impact on classification and financial reporting for error corrections and accounting changes under GASB Statement No. 100.

Additionally, we will conduct an in-depth evaluation of the implementation of GASB 101, exploring changes from GASB 16, components of leave, and updated disclosure requirements. Our discussion will include risks related to vulnerabilities common among state and local governments due to certain concentrations or constraints, along with the disclosure requirements for these risks under GASB 102.

Don't miss out on this valuable opportunity to gain insights, assess impacts and plan ahead for the future. Register now to secure your spot for this informative webcast!


Presenters

  • Michelle Horaney | Partner | RSM US
  • Ashley Alejos | Manager | RSM US
  • Ashley has more than 13 years of public accounting experience, serving primarily the public sector industry.
  • View full bio >

Learning objectives

Upon completion of this webcast, attendees will be able to:

  • Discuss key provisions of issued and pending accounting standards.
  • Explain pending pronouncements that may have a significant impact on their organization.
  • Understand an implementation plan for the pending accounting standards.

CPE credits

CPE credit available

RSM US LLP is pleased to offer one CPE credits for attending each webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. Group CPE is not available. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.

RSM US LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Advance preparation: None
Program level: Basic 
Prerequisites: None
Delivery method: Group internet-based
Field of study: Accounting
CPE: 1.5 credits per webcast


Event details

Date and time
Wed, Apr 24, 2024
2 p.m. EDT / 1 p.m. CDT

Intended audience
Chief financial officers, controllers, directors, and other professionals involved in the financial reporting process.

Duration
90 minutes

CPE credits
1.5 CPE credits will be issued to eligible participants

Fee
Complimentary

Let’s Talk!

You can call us at +1 213.873.1700, email us at solutions@vasquezcpa.com or fill out the form below and we’ll contact you to discuss your specific situation.

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Service(s) of interest*

Audit

Tax

Accounting

Bookkeeping

Business Consulting

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  • Source: RSM US LLP.
    Reprinted with permission from RSM US LLP.
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    The information contained herein is general in nature and based on authorities that are subject to change. RSM US LLP guarantees neither the accuracy nor completeness of any information and is not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. RSM US LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect information contained herein. This publication does not, and is not intended to, provide legal, tax or accounting advice, and readers should consult their tax advisors concerning the application of tax laws to their particular situations. This analysis is not tax advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.

    ​Vasquez + Company LLP has over 50 years of experience in performing audit, tax, accounting, and consulting services for all types of nonprofit organizations, governmental entities, and private companies. We are the largest minority-controlled accounting firm in the United States and the only one to have global operations and certified as MBE with the Supplier Clearinghouse for the Utility Supplier Diversity Program of the California Public Utilities Commission.

    For more information on how Vasquez can assist you, please email solutions@vasquezcpa.com or call +1.213.873.1700.

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