PKF O'Connor Davies Accountants and Advisors
PKF O'Connor Davies Accountants and Advisors

Two Key Resources to Help You Get Ready for GASB 103

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September 11, 2025

Home » Insights » Two Key Resources to Help You Get Ready for GASB 103

Big changes are on the horizon for governmental financial reporting. Governmental Accounting Standards Board Statement No. 103 (GASB 103), Financial Reporting Model Improvements, has become effective for fiscal years beginning after June 15, 2025. While most governments won’t issue GASB 103-compliant statements until at least 2026, we can help you get ready now for the new requirements:

Join Our Webinar: GASB 103 in Action — Insights for Public Sector Leaders, on Thursday, September 25 at 1:00 p.m., where our specialists will cover how GASB 103 will affect your municipality or school district and what you can do to adapt effectively.

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Read Our Article: Getting It Right in Year One — Navigating GASB 103 Requirements, published earlier this year, that breaks down the key provisions of GASB 103 and offers practical guidance to help you stay on track as implementation begins.

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If you have questions about how GASB 103 may affect your reporting processes or if you’d like to discuss specific implementation considerations, please reach out to your PKF O’Connor Davies client service team or:

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