Implementing GASB 65

Date

August 11, 2014

GASB Statement 65, Items Previously Reported as Assets and Liabilities, is now effective for all financial statements. This session will provide an overview of the changes resulting from implementation of this standard, including:

Revisiting Concepts Statement 4, which defined deferred outflows of resources and deferred inflows of resources
Discussing financial statement items that were evaluated under this standard, and the resulting reclassification needs
Discussing transitional year topics

Speakers

Heather Acker, CPA

Partner, Baker Tilly Virchow Krause,LLP

Joe Heffernan, CPA

Partner, Plante Moran

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