This session is an update on new GASB standards and what projects GASB is currently working on.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Analyze key provisions from recent Governmental Accounting Standards Board (GASB).
- Evaluate the potential implications of GASB's current exposure drafts and research projects.
- Apply the updated standards to real-world government financial statements.
Major Topics
- Review of Recent GASBs.
- Overview of areas that GASB is currently working on, such as revenue and expenditure, recognition, going concerns, infrastructure assets, and subsequent events.
