GASB-100, 101 and 102
Author: Eric S. Berman
| CPE Credit: |
2 hours for CPAs |
Three important pronouncements are going to be implemented by states and local governments prior to 2025: GASB Statement Nos. 100 through 102. Hear what are the important issues of all three statements and the impact that may occur for your basic financial statements and note disclosures.
Publication Date: April 2024
Designed For
Basic knowledge of governmental accounting and financial reporting for states and local governments.
Topics Covered
- Accounting Changes and Error Corrections Before GASB-100
- GASB-100 Accounting Changes and Error Corrections
- GASB Statement No. 101 Compensated Absences
Learning Objectives
- Identify three important GASB pronouncements being implemented this year and next
- Identify the differences between accounting changes and error corrections
- Identify the changes that will be made to compensated absences accruals
- Identify what risk is, and what may be disclosed by your government
- Identify the number of criteria used when determining unused leave
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
Basic knowledge of governmental accounting and financial reporting for states and local governments.
Advance Preparation
None
