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2025 Annual Governmental GAAP Update

The 2025 Governmental GAAP Update will feature In-depth discussion of the biggest change to the government financial reporting model in quarter-century: GASB Statement No. 103, Financial Reporting Model Improvements; Information on GASB Statement No. 102, Certain Risk Disclosures, GASB Statement No. 104, Disclosure of Certain Capital Assets; An updated Implementation Guide with lots of key interpretations for GASB Statements 100, Accounting Changes and Error Corrections, GASB 101, and GASB 103; Anticipated GASB Statement No. 105, Subsequent Events; A special feature on Accounting and Financial Reporting for Capital Assets Acquired and Held for Sale; GFOA's regular audit update feature; Learn about what GASB has in store for the future; and more!

Highlights of 2025 GAAP Update:

  • You made it through Compensated Absences, now we’re gearing up for our next battles:
    • In-depth discussion of the biggest change to the government financial reporting model in quarter-century: GASB Statement No. 103, Financial Reporting Model Improvements
    • Forewarned is forearmed! Other GASB statements you are implementing NOW or will be VERY SOON!
      • GASB Statement No. 102, Certain Risk Disclosures
      • GASB Statement No. 104, Disclosure of Certain Capital Assets
      • Implementation Guide Update—2025 with lots of key interpretations for GASB Statements 100, Accounting Changes and Error Corrections, GASB 101, and GASB 103!
  • Any minute now: Anticipated GASB Statement No. 105, Subsequent Events
  • A new campaign against an old problem: SPECIAL FEATURE: Accounting and Financial Reporting for Capital Assets Acquired and Held for Sale
  • Defending your perimeter: Getting ready for your upcoming financial statement audit and federal funds Single Audit with our annual audit update
  • Arming ourselves for the future: Learn about what GASB has in store for the future
When
11/6/2025
Where
GFOA Learning Management System (LMS) https://learn.gfoa.org/

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