A Greater Understanding of Fiduciary Activities
GASB 84 went into effect on Dec. 15, 2018 (effective for 2019 Financial Statements) to improve guidance pertaining to the identification of fiduciary activities for accounting and financial reporting purposes. However, challenges with regard to implementation and compliance persist. During this webinar, Chad Welty, CPA, will hone in on the specific responsibilities by which entities are expected to comply while promoting a greater understanding of how the standard impacts the integrity of your financial records.
GASB 84 Request Form Clarity
Mindee Johnson, CPA, will walk you step-by-step through the request form our Team has already provided you as part of our requested items to prepare your 2019 financial statements in an effort to help you better understand what you need to provide and why. You will also see first-hand how, by providing this information, you are maintaining the transparency necessary to fulfill your fiduciary responsibilities.
Insight Into Disclosure Notes Related To Debt
On June 30, the Government Accounting Standards Board implemented GASB 88, as a means to improve the information entities disclose in notes to government financial statements related to debt. Additionally, it clarifies which liabilities governments should include when disclosing information related to debt. During this portion of the webinar, Jennifer Masters, CPA, will provide you with an overview of GASB 88 and will explain how changes will improve your entity’s financial reporting responsibilities.
We Want To Hear From You!
We would like to tailor this presentation to your specific challenges as much as possible. Therefore, we would like to encourage you to submit any specific questions you might have pertaining to GASB 84 or 88 to us in advance. We will be sure to answer them during the webinar.
Click here to email your question.