Intermediate Governmental Accounting (or equivalent = basic understanding of GAAP for state and local governments)
This training is designed for all finance officers, accountants, and other professionals working for or with local governments looking to stay current with recent developments in the field of governmental accounting.
The Government Finance Officers Association (GFOA) will offer its 22nd Annual Governmental GAAP Update on November 2, 2017, and again on December 7, 2017, using the latest video and audio streaming technology. The seminar offers an incomparable opportunity to learn everything you need to know about the most recent developments in accounting and financial reporting for state and local governments from the convenience of your own computer! Enjoy all the benefits of the highest quality continuing professional education without the time and expense of travel! Sign up with your colleagues and take advantage of special group rates!
Participate in interactive exercises to test your knowledge of the material being presented. Receive immediate feedback to your questions during the program from GFOA’s Technical Services Center staff.
Participants in this year’s GAAP Update should obtain a practical understanding of:
- GASB Statement No. 78, Pensions Provided through Certain Multiple-Employer Defined Benefit Pension Plans;
- GASB Statement No. 79, Certain External Investment Pools and Pool Participants;
- GASB Statement No. 80, Blending Requirements for Certain Component Units;
- Pending GASB final statement on Accounting and Financial Reporting for Irrevocable Split-Interest Agreements;
- Pending GASB final statement on Pension Issues;
- GASB exposure draft (ED) on Leases;
- GASB ED on Fiduciary Activities;
- GASB ED on Asset Retirement Obligations;
- Recent GASB implementation guidance;
- Forthcoming GASB ED on Certain Debt Extinguishments Using Existing Resources;
- Forthcoming invitation to comment on the Financial Reporting Model;
- GASB Technical Plan; and
- Common financial reporting deficiencies encountered in the GFOA’s Certificate of Achievement for Excellence in Financial Reporting Program.