Accounting and Financial Reporting

GAAP Update FAQs

GFOA will offer the final encore presentation of its 2022GAAP Update in two, two-hour sessions on January 10 and 12, 2023. Questions? View our list of frequently asked questions below.

The final encore presentation will be offered in two, two hour sessions on January 10 and 12, 2023 from 1:00 p.m. to 3:00 p.m. (Eastern), each day.

Key topics that will be covered during this year's session include:

Four new GASB statements

-GASB 98, Annual Comprehensive Financial Report

-GASB 99, Omnibus 2022

-GASB 100, Accounting Changes and Error Corrections

-GASB 101, Compensated Absences

New rules becoming effective

-GASB 94, Public-Public and Public-Private Partnership and Availability Payment Arrangements

-GASB 96, Subscription-Based Information Technology Arrangements

GASB proposals on new disclosure requirements and an update on GASB’s ongoing projects

Update on matters affecting your upcoming financial statement and federal funds Single Audit

Common errors seen in submissions to GFOA’s Certificate of Achievement for Excellence in Financial Reporting Award Program

View the GAAP Update homepage for more information.

Click here to register for the January 10 and 12, 2023 encore.

If you are unable to register online, you can register with the registration form.

Register by December 12, 2022, to take advantage of the early registration fee for the January 10 and 12, 2023, encore.

Click here for information on how to register a group for the 2022 GAAP Update.

You will receive a registration confirmation proceeded by reminder emails from GFOA's Learning Management System (LMS), the platform where the event will be held. Please add the following emails to your Address Box to ensure the delivery of messages from GFOA eLearning: |

Click here for step-by-step instructions for accessing the LMS.

The Learning Management System takes advantage of modern developments in web design and standards. Click here to learn more.

There are 4 CPE credits available for participating in the GAAP Update. During the GAAP Update, a CPE verification code will be provided by the instructor to validate your attendance at the live session. After the program is completed, please return to the course landing page in GFOA’s LMS. You will see a verification component for this class. In the box to the right, you will need to enter the case sensitive word and hit the submit button. If you typed this code correctly, it will unlock your course evaluation to complete. Finishing this step will unlock your earned CPE credit. The verification code is not needed to enter and start the program and will be provided once the CPE credit has been earned.

For those who are viewing in a group setting, our learning management system is an individual user based product. That means every attendee in your group will need to log into the system under their personal profile and complete their own attendance verification.

Participants will have access to the archived recording of the GAAP Update to review until February 24, 2023. Note: CPE credits will not be earned from viewing the recording.

GAAP Update January Encore

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GAAP Update Homepage

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GAAP Update Podcast


2022 eGAAFR

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