Unpacking GASB 103
Unpacking GASB 103
Conference RegistrationSession Details
Date: Tuesday, June 30
Time: 10:30 am - 12:10 pm CT
2 CPE credits
Level: update
Field of Study: Accounting (Governmental)
Post-conference work for all governments will include the implementation of GASB 103. For everyone, changes to the Management's Discussion and Analysis are required, and for many, significant changes for proprietary fund statement of resource flows will be required.
Speakers will cover those more significant changes, along with changes for budgetary comparisons, reporting of unusual or infrequent items, reporting of subsidies, and presentation of discretely presented component units. Come unpack these requirements and ensure you have the information needed to implement these changes.
Learning Objectives
- Identify the key areas of annual financial reports that will change with the implementation of GASB 103
- Define the term "subsidy" relevant to proprietary fund reporting under GASB 103
- Describe how GASB 103 will impact your government's financial statements