Big changes are on the horizon for governmental financial reporting. Are you ready? Join us for an informative session on GASB 103 and the approved Financial Reporting Model Improvements. Our public sector specialists will break down what these changes mean, how they affect your municipality or school district and how you can adapt effectively. Whether your goal is compliance, efficiency, or proactive leadership, this session is your opportunity to stay ahead of the curve with clear, actionable insights.
Why Attend?
- Gain clarity on the revised Management’s Discussion & Analysis, including its purpose and the five required sections, with focus on explaining why balances changed.
- Navigate updated budget comparisons and variance disclosures.
- Explore clarification of trend schedules in the statistical section.
- Properly present “Unusual or Infrequent” items as final resource flows before the net change.
- Differentiate operating vs. nonoperating activities plus a new subtotal that includes noncapital subsidies in proprietary fund presentations.
- Understand new placement of major component unit disclosures.
Who Should Attend:
Government finance leaders; administrators; accounting and reporting staff who prepare the financial statements; and elected officials and executives seeking a concise overview of the changes.
Host and Presenters:
Scott Clelland, CPA, RMA, LPSA, Partner
Katherine Patnaude, CPA, MSA, Partner
Michele Yen, CPA, Director
CPE Credit:
1 CPE Credit in Accounting (Governmental)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
For information regarding complaint and/or program cancellation policies, please contact l&dsupport@pkfod.com.
PKF O’Connor Davies is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.