Feb. 8 | 2–3:50 p.m. ET | 2 CPEs | FOS: ACCG
GASB issued an Invitation to Comment, “Financial Reporting Model Improvements — Government Funds” in December 2016. Join expert speakers to explore the nature and scope of changes that are proposed.
What we'll cover:
- The near-term, short-term and long-term recognition approaches (measurement focus and basis of accounting)
- Format of the governmental funds statement of resource flows
- Specific terminology
- Reconciliation to the government-wide financial statements
- For certain recognition approaches, a statement of cash flows.