Now that the GASB's "new" approach to pensions and other postemployment benefits isn't so "new" anymore, this session will explore the lessons learned from GASB Statements 67/68, and 74/75 (as amended). We'll discuss the pitfalls to avoid in working with actuaries, setting assumptions, and financial reporting. This session will also address audit implications related to census data, working with specialists, and the differences between single-employer and multiple-employer plans.
Identify and avoid common pitfalls related to implementing the GASB's pension and OPEB standards
Differentiate auditing requirements by plan design (single-employer, agent multiple-employer, and cost sharing multiple-employer)
Determine the impact various actuarial assumptions can have on financial reporting and audit approach
CPA, CGFM, CGMA,
Owner | Director of Governmental Audit Quality,