What's Going on at the GASB
4.00 Credits
Member Price $159
Non-Member Price $189
Overview
The GASB has been working on some big projects lately. This course starts with a look at the GASB standards effective this year, including GASB 94, Public Private Partnerships and GASB 96, Subscription Based IT Arrangements. We will include practical applications in the form of case studies to apply the topics. We will then switch gears to the GASB standards coming down the pike, including the major projects of the GASB.
Highlights
- Leases
- SBITAs
- Public Private Partnerships
- Revenue & Expense Recognition
- Financial Reporting Model
Prerequisites
Prior experience with accounting for governmental entities
Designed For
Ideal for practitioners and members in industry responsible for accounting and financial reporting for governmental entities
Objectives
- Recall the impact of GASB 94 on financial reporting for governments
- Describe the accounting for subscription based IT arrangements
- Prepare journal entries compliant with GASB 94
- Prepare journal entries compliant with GASB 96
- Recall the impact of standards effective in 2023
- Recall major projects the GASB is working on
- Identify GASB standards effective after 2023
Preparation
None
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions LLC
Melisa Galasso, CPA is assionate about providing confidence, not just compliance as she leads Galasso Learning Solutions as Founder & CEO. Melisa is a nationally recognized authority in designing and facilitating courses on advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Since 2016, she has guided the GLS team to deliver quality in everything we do. With a far-ranging career in public accounting, academia and industry and a bachelor’s degree from Georgetown University, Melisa has built a reputation for delivering engaging, effective learning experiences for CPAs. Committed to advancing our profession, she has served on multiple committees for leading industry organizations including the AICPA and FASB, written the nonprofit accounting book, “Money Matters for Nonprofits,” and has been honored with the Top 50 Women in Accounting Award, the Rising Star award from NAWBO Charlotte, and “40 under 40” recognition by CPA Practice Advisor. In her free time, Melisa loves spending time with her family and can often be found at one of her daughter’s horse shows, supporting the arts with tickets to the orchestra, volunteering, or speaking a bit of French or Spanish on one of her treasured quarterly vacations.
Non-Member Price $189
Member Price $159