Understanding and implementing GASB 103 Tech Session Webinar | NYCPA

Complimentary for Members

February 7, 2025

9:10 AM - 10:00 AM EST

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Live Webcast

NYSED 4

Understanding and implementing GASB 103 Tech Session Webinar

Gain an understanding and how to implement GASB 103

February 7, 2025

Live Webcast

NYSED 4

Instructor

Michele
Yen
Instructor

Jennifer
Clark

Introduction/Why did GASB issue 103
What are the required changes to the financial statements
How to implement these changes
Implementation considerations
examples;

Learning Objectives

Upon completion of this course, you'll be able to:
Understand the rationale behind GASB 103, including its objectives and the need for updated standards.
Identify the required changes to financial statements under GASB 103 and their implications for reporting.
Learn how to implement these changes, with a focus on practical steps and compliance.
Explore implementation considerations through real-world examples, gaining insights into effective adoption strategies.

Major Topics

Introduction/Why did GASB issue 103
What are the required changes to the financial statements
How to implement these changes
Implementation considerations
examples

CPE Credits Available

NYSED 4

0.5: Accounting (NYSED) - NYSED
0.5: Auditing (NYSED) - NYSED
1: Preparation Credit - Accounting (NYSED)
1: Preparation Credit - Auditing (NYSED)
0.5: Speaking Credit - Accounting (NYSED)
0.5: Speaking Credit - Auditing (NYSED)

Things to Know About This Course

Course Level

Basic

Professional Area of Focus

Accounting (NYSED)
Auditing (NYSED)
Preparation Credit - Accounting (NYSED)
Preparation Credit - Auditing (NYSED)
Speaking Credit - Accounting (NYSED)
Speaking Credit - Auditing (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

All Governmental Accounting and Auditing profesionals that prepare or audit governmental financial statements

Provider

Foundation for Accounting Education