Impact of GASB Activities on State and Local Government
Are you ready to implement GASB’s recently issued standards? You'll walk through each standard and provide real-world information regarding newly effective standards.
Format
Webcast
Date
Oct 21, 2026
NASBA Field of Study
Accounting (Governmental)
Level
Intermediate
CPE Credits
3
Instructor
Bruce Shepard
Availability
Product Number
VIGASLG261021
Recently issued GASB standards deep dive
If you are an accountant or finance professional working in the state and local government space or an auditor with state and local government clients, you’re aware that to succeed at your job and to uphold the public trust, you need a solid understanding of governmental accounting and reporting.
This course will walk you through GASB standards and look to the future by exploring current GASB projects.
Implementing your new knowledge
Realistic case studies help you apply the knowledge you gain so you are better prepared to implement these standards.
Standards covered in these case studies include the following:
- GASB Statement No. 103, Financial Reporting Model Improvements
- GASB Statement No. 104, Disclosure of Certain Capital Assets
Key Topics
- GASB Statement No. 103, Financial Reporting Model Improvements
- GASB Statement No. 104, Disclosure of Certain Capital Assets
- GASB Implementation Guide No. 2025-1
- GASB projects
Learning Outcomes
- Identify the effect of GASB statements on accounting and financial reporting for state and local governments.
- Identify the projects that are on the active standard-setting agenda and their objectives.
- Apply the provisions of GASB Statement No. 103, Financial Reporting Model Improvements, to select portions of governmental financial statements.
- Apply the disclosure criteria related to capital assets to determine how to make disclosures required under GASB Statement No. 104, Disclosure of Certain Capital Assets.
- Identify the effect of select questions and answers included in GASB Implementation Guide No. 2025-1 on financial accounting and reporting for governmental entities.
Who Will Benefit
- Preparers of government financial statements
- Auditors of government financial statements
- Users of government financial statements
Group ordering for your team
2 to 5 registrants
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