Error loading player: No playable sources found
GOV2405
GASB 87, 94 and 96 - Common errors/misconceptions
Date
October 28, 2024
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: 2024 AICPA & CIMA Governmental and Not-for-Profit Training Program
This session will discuss some of the most common accounting and implementation considerations related to GASB Statement Nos. 87, 94, and 96 (Leases, P3s, and SBITAs), including subsequent considerations for modifications, terminations, and measurements.
Learning Objectives
- Identify common accounting and implementation issues related to GASB Statement Nos. 87, 94, and 96.
- Distinguish subsequent accounting considerations after the initial implementation, including lease modifications, reassessments, and terminations.
Speakers
Partner, KPMG
Frank W. Crawford, CPA
President, Crawford & Associates, P.C.
General
Session Categories
Related Products
GASB 101 - Compensated Absences
GASB Statement No. 101 has significantly broadened the definition of compensated absences that governments must accrue, sometimes resulting substantially higher liabilities within their financial statements…
SAS 145 for single audit
SAS No. 145 does not fundamentally change the key concepts underpinning audit risk. Rather, it clarifies and enhances certain aspects of the identification and assessment of the risks of material misstatement to drive better risk assessments and, therefore, enhance your audit quality…
Governmental Accounting: Back to the Basics
A refresher in the basics of governmental accounting and financial reporting, providing a plain-language overview of the contents of the financial report, the financial reporting entity, accrual versus modified accrual, government-wide versus fund reporting, exchange and nonexchange transactions, a…
GASB Statement 103, Financial Reporting Model Improvements - Writing an Effective MD&A.
One of the biggest disappointments among financial statement users is the lack of truly useful information that is contained in current management discussion and analysis (MD&A). Statement No…
