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Webinar

Navigating new GASB standards

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Webinar

Hosted on Wednesday, December 11, 2024

We hosted a review of recent GASB standards with an in-depth exploration of GASB 101, the latest standard impacting the accounting and financial reporting of compensated absences. This webinar provides a comprehensive overview of the key changes introduced by GASB 101, including eligibility criteria, liability calculation, and disclosure requirements.

Key Topics:
  • Understanding GASB 101: A clear explanation of the purpose and scope of the standard.
  • Eligibility Criteria for Compensated Absences: Determining which types of leave should be recognized as liabilities.
  • Liability Calculation and Recognition: Exploring the methods for calculating and recognizing liabilities for compensated absences.
  • Disclosure Requirements: Understanding the new disclosure requirements under GASB 101.
  • Practical Implications and Best Practices: Implementing GASB 101 effectively and efficiently.

Watch the recording                Download the Slides

 

Meet the Expert

Bonnie Schwieger, CPA

Bonnie finds joy in helping local governments navigate the road ahead by sparking creative solutions and developing strategic direction.

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