course

Government GAAP Update

New Course
2 Hours (On-Demand)
2.0 CPE  

This course is a premium+ course it can be accessed either by individual purchase or through a premium+ subscription

Purchase this course | $84

GASB has been very busy issuing standards impacting state and local governments. This course takes a deeper dive into GASB 84, Fiduciary Activities and GASB 87, Leases. We also cover other relevant standards and discuss GASB 95 and its impact on effective dates.

The course closes with a review of GASB’s Technical Bulletin, Accounting and Financial Reporting Issues Related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) of 2020 and Coronavirus Diseases, as well as GASB’s Toolbox for entities to consider the impact of COVID on financial reporting.

Learning Objectives
  • Recognize changes to governmental financial reporting.
  • Identify and cover other relevant standards and discuss GASB 95 and its impact on effective dates.
  • Discover and take a deeper dive into GASB 84, Fiduciary Activities and GASB 87, Leases.
Last updated/reviewed: August 20, 2023

Included In Certifications

This course is included in the following Certification Programs:

5 CoursesIntermediate Yellow Book Certification

  1. Not-for-Profit GAAP Update
  2. Government GAAP Update
  3. Uniform Guidance Update
  4. Yellow Book Update
  5. Common Yellow Book & Single Audit Deficiencies
Prerequisites
Course Complexity: Intermediate

Prior experience with governmental financial reporting.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Government GAAP Update1:48
  GASB 90-Postponement of Effective Dates6:20
  GASB 84 Fiduciary Activities20:05
  GASB 87-Leases16:14
  GASB 87-Leases Cont'd14:14
  Lessee Accounting6:57
  Lessor Accounting6:17
  GASB 891:33
  GASB Majority Equity Interests4:43
  COVID 19 Impact9:55
  COVID 19 Impact Cont'd11:44
CONTINUOUS PLAY
  Government GAAP Update1:39:50
SUPPORTING MATERIAL
  Slides: Government GAAP UpdatePDF
  Government GAAP Update Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam