Government Finance Officers Association (GFOA)的动态

Registration is open! GFOA's GAAP Update is the premier online governmental accounting event of the year. During this year's program on November 14, we'll highlight last-minute pointers being implemented now, including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated absences, plus key updates on the upcoming implementations of GASB 102, GASB 103, the anticipated GASB 104, and much more. Register by October 11 to save! Learn more: https://lnkd.in/emD4BChQ #GFOA #localgov #GAAP #GASB #accounting #publicfinance

?The reviews are in! Participants say the 2024?GAAP Update?was “relevant,” “easy to understand,” “well organized,” and “thorough.” Don’t miss the encore presentation, Thursday,?December 5. Our team of experts will cover last-minute pointers on standards being implemented now, including in-depth information on GASB 101,?Compensated Absences. ? Plus, we’ll get you ready for upcoming implementations of GASB 102,?Certain Risk Disclosures,?GASB 103,?Financial Reporting Model Improvements,?GASB 104,?Classification of Nonfinancial Assets?[anticipated]. Register at https://lnkd.in/eBq_pShG. #GFOA #localgov #accounting #auditing #GASB

There’s only one week left to save on your registration for the 2024 GAAP Update. Don’t miss out on the discount! This event is the premier online gathering of the year for accountants and auditors. Join us on November 14 for essential updates, including: GASB 100,?Accounting Changes and Error Corrections?and GASB 101,?Compensated absences, plus key updates on the upcoming implementations of GASB 102, GASB 103, and the anticipated GASB 104. Register by?October 11?to save. Learn more: https://lnkd.in/emD4BChQ #GFOA #localgov #GAAP #GASB #publicfinance #accounting

Our 2024 Governmental GAAP Update is one week away. This program is always the premiere online event for accountants and auditors. This year is no different as we discuss important GASB updates, including compensated absences. Thousands have already registered. Join us on November 14 by registering at https://lnkd.in/eQakkuCW. Want to attend the December 5 encore instead? Register by tomorrow save with discounts. https://lnkd.in/eBq_pShG #GFOA #localgov #GAAP #GASB #accounting

GASB Statement No. 104, Disclosure of Certain Capital Assets, is now available on the Governmental Accounting Standards Board (GASB) website. The new Statement provides instructions as to how some capital assets should be disaggregated in notes to financial statements, including: ·?Lease assets, by major class of underlying asset (as already required by Statement 87) ·?Public-public partnership assets, by major class of underlying asset ·?Subscription assets in the aggregate (as already required by Statement 96) ·?Other intangible assets, by major class of asset. Intangible right-to-use assets should not be disclosed in the same major class as owned assets. The Statement also provides guidance on how to report capital assets that a government is planning to sell. "Capital assets held for sale" are those a government has decided to sell and that are probable of being sold within a year. The proposed guidance would have required that capital assets held for sale be shown separately in the capital asset notes. Based on the public feedback it received, the GASB decided that capital assets held for sale should continue to be reported within the appropriate major class of capital asset. The final guidance instead requires a disclosure of the following for capital assets held for sale, by major class of asset: historical cost, depreciation or amortization, and the carrying amount of debt for which the assets are pledged as collateral. Statement 104 is effective for fiscal years beginning after June 15, 2025 (i.e., fiscal year-ends June 30, 2026 and later) and all subsequent reporting periods. Earlier application is encouraged. #GASB #GASBS104 #capitalassets #disclosure #notestofinancialstatements #notes #governmentalaccounting #accountingstandards #GAAP #governmentaccounting #leases #SBITAs #P3s https://bit.ly/3YtaCvV

The encore presentation of our 2024 Governmental GAAP Update is coming up next week. In addition to discussions on GASB 100, Accounting Changes and Error Corrections, and GASB 101, Compensated Absences, we’ll prepare you for upcoming implementations of new GASB statements and more. Join thousands of your peers for the premier online event of the year for accountants and auditors. Register today at https://lnkd.in/eBq_pShG. #GFOA #localgov #GASB #accounting #auditing

Our members continue to seek guidance about GASB 101,?Compensated Absences. During this year's?GAAP Update,?November 14, we'll cover important pointers including a walk-through of an example showing one way to estimate the amount of a government's compensated absence liability using sampling.?Register at https://lnkd.in/eQakkuCW. #GFOA #localgov #GASB #accounting #auditing #publicfinance

This morning, the Governmental Accounting Standards Board (GASB) voted unanimously to issue Statement No. 104, Disclosure of Certain Capital Assets. The new Statement provides instructions as to how some capital assets should be disaggregated in notes to financial statements, including: ·?Lease assets, by major class of underlying asset (as already required by Statement 87) ·?Public-public partnership assets, by major class of underlying asset ·?Subscription assets in the aggregate (as already required by Statement 96) ·?Other intangible assets, by major class of asset. Intangible right-to-use assets should not be disclosed in the same major class as owned assets. The Statement also provides guidance on how to report capital assets that a government is planning to sell. "Capital assets held for sale" are those a government has decided to sell and that are probable of being sold within a year. The proposed guidance would have required that capital assets held for sale be shown separately in the capital asset notes. Based on the public feedback it received, the GASB decided that capital assets held for sale should continue to be reported within the appropriate major class of capital asset. The final guidance instead requires a disclosure of the following for capital assets held for sale, by major class of asset: historical cost, depreciation or amortization, and the carrying amount of debt for which the assets are pledged as collateral. Statement 104 is effective for fiscal years beginning after June 15, 2025 (i.e., fiscal year-ends June 30, 2026 and later) and all subsequent reporting periods. Earlier application is encouraged. #GASB #GASBS104 #capitalassets #disclosure #notestofinancialstatements #notes #governmentalaccounting #accountingstandards #GAAP #governmentaccounting #leases #SBITAs #P3s

New accounting standards are on the horizon for governments. GASB Statements No. 102 & 103 focus on enhancing financial reporting and consistency. Get ahead of the changes with expert guidance from the Eide Bailly team. #GovernmentAccounting #GASBUpdates #FinancialReporting

We\'ve summarized GASB 96 for you so that you know all about the standard, SBITAs and the impact on your financial reporting and subscription terms. Start here → https://bit.ly/3MjFcl5 #gasb96 #sbitas #accounting #finance #financialreporting