Description
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.
