GFOA’s 21st Annual Governmental GAAP Update

Program Description:

The Government Finance Officers Association (GFOA) will offer its 21st Annual Governmental GAAP Update on November 3, 2016, and again on December 1, 2016, using the latest video and audio streaming technology. The seminar offers an incomparable opportunity to learn everything you need to know about the most recent developments in accounting and financial reporting for state and local governments from the convenience of your own computer! Enjoy all the benefits of the highest quality continuing professional education without the time and expense of travel!

The training will take place on November 3, 2016, with an encore presentation on December 1, 2016, 1:00 p.m.−5:00 p.m. (Eastern). Earn 4 CPE credits with your participation.

Early discounts!

Sign up by September 30 and take advantage of an early registration fee on the November offering (or register by November 8 to save on the registration fee for the December offering).

Special group discounts!

Make a day of it and build an event around this training as an affordable way to train staff and/or educate clients. Sign up with your colleagues and save with group pricing.

Act now and register!

For the brochure and registration form or to register online visit http://www.gfoa.org/21st-annual-governmental-gaapupdate. If you have any questions about the training, contact GFOA at 312-977-9700. GFOA Member Price: $180.00 Non-Member Price: $195.00

Prerequisite:

Intermediate Governmental Accounting (or equivalent = basic understanding of GAAP for state and local governments)

Speakers:

j Stephen J. Gauthier, Director, Technical Services

Center, GFOA j Steven A. Solomon, Deputy Director, Technical

Services Center, GFOA

Coverage:

This year’s Annual Governmental GAAP Update will provide comprehensive coverage of the most recent developments in accounting and financial reporting for state and local governments, including: j Additional authoritative guidance on pensions and other postemployment benefits (OPEB); j Proposed final guidance on leases; j New standard for money-market type investment pools and participating governments; j Proposed final guidance on the use of fiduciary funds; j Authoritative guidance on split-interest agreements; j New standard that expands the criteria for blending component units; j Proposed final guidance on capital asset retirement obligations; j Progress on project to reexamine the governmental financial reporting model; j Forthcoming proposal on accounting for debt extinguishments that use existing resources; j Recent GASB implementation guidance; j Other ongoing GASB projects (GASB Technical

Plan); and j Common financial reporting deficiencies.

Seminar Objectives:

Participants in this year’s GAAP Update should obtain a practical understanding of: j GASB Statement No. 78, Pensions Provided through

Certain Multiple-Employer Defined Benefit Pension

Plans; j GASB Statement No. 79, Certain External Investment

Pools and Pool Participants; j GASB Statement No. 80, Blending Requirements for

Certain Component Units; j Pending GASB final statement on Accounting and

Financial Reporting for Irrevocable Split-Interest

Agreements; j Pending GASB final statement on Pension Issues; j GASB exposure draft (ED) on Leases; j GASB ED on Fiduciary Activities; j GASB ED on Asset Retirement Obligations; j Recent GASB implementation guidance; j Forthcoming GASB ED on Certain Debt

Extinguishments Using Existing Resources; j Forthcoming invitation to comment on the Financial

Reporting Model; j GASB Technical Plan; and j Common financial reporting deficiencies encountered in the GFOA’s Certificate of Achievement for

Excellence in Financial Reporting Program.