Impact of GASB Activities on State and Local Government
Online
3.00 Credits
Member Price $109.00
Non-Member Price $135.00
Overview
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:
Objectives
- 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.
Highlights
Designed For
Prerequisites
Knowlege of accounting for transactions in governmental entities
Notice
You will receive an email from the AICPA with instructions to access the webinar.
Leader(s):
Leader Bios
Bruce Shepard
Bruce Shepard CPA Las Vegas, Nevada Bruce Shepard was most recently an assistant professor of accounting at George Fox University and an adjunct professor of accounting at the University of Oregon, prior to becoming an instructor for the AICPA in 2012. From 2006-2010, Mr. Shepard was the Chief Financial Officer of Las Vegas Gaming, Inc. in Las Vegas, Nevada, where he had full management responsibility for all financial affairs, daily business operations, administration and human resources. From 1985-2006, Mr. Shepard was in charge of the Middle Market Practice for PricewaterhouseCoopers, LLP in Portland, Oregon, where he served as an Assurance Partner from 1989-2006 focusing on providing proactive business advisory services to fast-growing companies. Bruce has many years of governmental experience around Portland, Oregon where he practiced for 3 years. In addition, Bruce has taught all of the governmental accounting and auditing classes for the AICPA for the last four years including being the lead instructor on GASB 68. Presently, Bruce is the author of the AICPA course, Audits of Banks and Other Financial Institutions. At PricewaterhouseCoopers, LLP, Mr. Shepard spearheaded over 100 acquisitions and divestitures by leading in the financial structuring of the transactions. He worked with clients to develop strategic plans for short-term and long-term growth. He assisted both start-up companies and beyond start-up companies with attaining their needed growth capital. Mr. Shepard wrote an article, Financing Entrepreneurs, in 1999 for the Oregon Society of Certified Public Accountants. Mr. Shepard was awarded “Beta Alpha Psi Professional of the Year” in 2006 for sustained involvement with the University of Oregon.
Non-Member Price $135.00
Member Price $109.00