The GASB continues to march on with their proposed revisions to the state and local government financial reporting model. Although the proposed revisions in this model are far less imposing than the last switch to a new financial reporting model (remember GASB 34?), there are still a number of changes that will require consideration by practitioners and stakeholders alike. This session will take a look at the most significant changes in the proposed new reporting model project, highlighting those that may require the most implementation efforts.
Identify proposed changes in state and local government financial reporting
Determine the most significant implementation challenges they will face
Analyze any alternatives available to participants to imprement or influence the future of governmental reporting