Continuing Education

Group On-site and Virtual Course Catalog

Course Details: FASAB Overview and Update

Gain an overview of FASAB concepts and standards, the standard-setting process and an update regarding FASAB’s most recent projects. It is designed for accountants, auditors, financial managers and others.

Learning Objectives

This course covers:

  • Statements of Federal Financial Accounting Concepts (SFFAC), including the latest releases 
  • Criteria regarding when the elements should be reported on the face of the financial statements [SFFAC 5]
  • Distinguishing basic information, required supplementary information and other accompanying information [SFFAC 6]
  • Measurement concepts for assigning value to the elements [SFFAC 7]
  • The most critical statements of federal financial accounting standards
  • New best practices for management’s discussion and analysis of performance and financial results

Questions?

catalogcourses@agacgfm.org or 703.684.6931, ext. 303.

Field(s) of Study

Accounting (Governmental)

Course Length

1 day

Course Level

Basic

Instructor(s)

Hester, Chuck

CPE Hours

8

Group Cost

$6,000

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