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SUMMARY:GASB Reporting Entity Standards: Component Units and Fiduciary Activities
DESCRIPTION:GASB’s standards for the financial reporting entity are among the most complex areas in governmental accounting\, and even experienced accountants and auditors can find themselves second-guessing the right approach. Which legally separate organizations belong in your government’s financial statements? How should they be incorporated? And what exactly qualifies as a fiduciary activity? \nJoin CRI’s government and public sector accounting team for this webinar that aims to simplify the complexity by explaining the fundamentals of GASB’s reporting entity standards\, providing you with a practical framework for identifying component units and fiduciary activities with more confidence. During the live session\, they’ll also share real-life examples of how governments have managed both common and unusual situations under these rules. \nWho Should Attend\nThis session is designed for governmental accountants\, auditors\, and finance professionals who prepare or review government financial statements and want a stronger command of GASB’s reporting entity requirements. \nLearning Objectives\nAfter completing this webinar\, participants will be able to: \n\nIdentify the relevant provisions of the GASB standards for the financial reporting entity\nApply the standards to identify a government’s component units\nIncorporate component units into a government’s financial statements\nClassify trustee and custodial activities that should be reported as fiduciary activities\n\nCPE Information\n\nParticipants will earn 2.0 CPE credits.\nField of Study: Accounting – (Governmental)\nPrerequisites: None\nAdvanced Preparation: None\nProgram Level: Basic\nDelivery Method: Group Internet Based
URL:https://www.criadv.com/event/gasb-reporting-entity-standards-component-units-and-fiduciary-activities/
LOCATION:Virtual
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