Description
This course is part of AGA’s Federal Financial Management Course Library and is presented by Wendy M. Payne, CGFM, CPA. The Federal Accounting Standards Advisory Board recently issued new requirements for reporting on federal land. Certain requirements are effective immediately – in fiscal year 2022 – while others will be effective in fiscal year 2026. This course will help you meet the current information requirements and prepare for the changes effective in fiscal year 2026.
This course is designed for financial professionals at all levels, but would also be suitable for non-financial professionals.
Learning Objectives
- Discuss the reasons for changes to reporting on government land
- Identify the two categories of land
- stewardship land
- general property, plant and equipment land.
- Categorize land into the three predominant use sub-categories and identify land held for disposal or exchange.
- Identify the information required for the two categories and the three predominant use sub-categories.
- Describe the effects of related changes in standards.
- Discuss anticipated future changes in land reporting requirements.
CPE Details
Prerequisites: none
Program level: basic
Advance preparation: none
Delivery method: QAS Self Study
Field of study: Accounting (Governmental)
AGA is registered is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website at www.nasbaregistry.org. National Registry of CPE Sponsor ID: 104201.
Course Access
Viewing this course requires online access, and videos may not be downloaded. Access to this course will expire 90 days from the date of purchase or if the final assessment is taken three times.
