Thursday, February 23, 2017

GASB's Financial Reporting Model Improvements - Governmental Funds

Start Date: 2/23/2017 2:00 AM EST
End Date: 2/23/2017 3:50 PM EST

Event Website:

Organization Name: NASACT

Pat Hackney
Phone: (859) 276-1147

GASB’s Financial Reporting Model Improvements – Governmental Funds

Has it really been over 17 years since GASB 34 was issued? It’s hard to believe, but true! GASB is again turning its attention to the government reporting model with the release of an invitation to comment document entitled Financial Reporting Model Improvements – Governmental Funds.    

This highly-anticipated reporting model project begins with a focus on accounting and reporting of governmental funds. This phase of the project addresses several potential improvements to governmental fund reporting, including:

  • Recognition approaches (measurement focus and basis of accounting).
  • Format of the governmental funds statement of resource flows.
  • Specific terminology.
  • Reconciliation to the government-wide statements.
  • For certain recognition approaches, a statement of cash flows.
GASB believes this project will have a significant impact on the foundation of state and local governments’ accounting and financial reporting. Please join us for this informative webinar!

$299 per group (unlimited attendance)
$50 per person - Use promo code INDWEB to receive individual discount pricing with CPE.
$25 per person - Use promo code INDNOCPE to receive individual discount pricing with no CPE required.

CPE Credits

Two credits are available for this event.

Click HERE to see the full registration brochure.


Online Registration

Registration is Closed
Closed: 2/23/2017 2:15 PM

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The NASACT Community

NASACT serves as the premier organization working to bring together state auditors, state comptrollers and state treasurers to cooperatively address government financial management issues. NASACT also manages two secretariats - the National State Auditors Association (NSAA) and the National Association of State Comptrollers (NASC). Both NSAA and NASC are included under the umbrella of NASACT’s budget and utilize staff hired by NASACT.