The GASB is always changing and 2017 is a busy year. Hear the latest on GASB standards in the process of being implemented this year and in the next few years, focusing on those standards that will be implemented for June 30, 2017 and beyond. There will be plenty of opportunities to ask questions on statements that should be implemented for June 30, 2017 (GASB Statement Nos. 73, 74, 77, 80, 82, 85 and 87) during the first half of the session. The remainder of the session will focus on GASB-81, Irrevocable Split-Interest Agreements, GASB-75, OPEB Employers, GASB-83, Asset Retirement Obligations, GASB-84, Fiduciary Activities and GASB-86, Leases. There will also be an update of the all-important Financial Reporting Model Reexamination Project and related projects on revenue and expense recognition, note disclosure and recognition concepts. Finally, the debt disclosures and direct borrowing, capitalized interest, equity method and going concern projects will be discussed.
Lealan Miller, CPA, CGFM, CGMA, Eide Bailly Partner, Director of Government Services Group
Lealan has more than 25 years public accounting experience specializing in serving the financial needs of state and local government clients. He serves as the firm's Partner-in-Charge of financial audits and single audits of numerous state and local entities. In his work, he reviews and provides technical assistance to local governments in preparing Comprehensive Annual Financial Reports which receive the GFOA certificate. He also serves as an instructor for various training sessions, including governmental accounting, financial accounting and auditing updates, fraud and auditing standards. He also oversees coordination of firmwide single audit training and annual audit updates.
Registration: 8:00 – 8:30 a.m.
Session: 8:30 – 4:30 p.m.
NOTE: Light breakfast and lunch will be served.
These are live-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.