GASB 102 and GASB 103: overview of new accounting standards

Obtain guidance for your implementation of Governmental Accounting Standards Board statements no. 102 and no. 103. GASB 102 for disclosures of certain risks is effective for periods ending June 30, 2025 and after. Improvements made by GASB 103 for the financial reporting model is effective for periods ending June 30, 2026 and after. Learn what is new or changed with these new standards and what has been clarified or updated in prior guidance.

Learning objectives

• By attending this webinar, participants will be able to:
• Understand what updates have been made to the prior accounting guidance
• Describe changes to the display in the financial statements and note disclosure requirements
• Explain what needs to be done to prepare for implementation for both standards

Who should attend

This webinar is intended for government accountants and finance personnel in charge of the implementation of new accounting and reporting standards.

Presenters

Jodi Dobson, CPA | Principal

Bethany Ryers, CPA, MAS | Principal

Amanda Mboga, CPA | Senior Manager

Information about CPE eligibility

There are no prerequisites for this event, and advance preparation is not required. There is no cost to attend this event.

Level: Basic

CPE credit: One (1) hour total credit

Field of study: Accounting (Governmental)

Baker Tilly US, LLP 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 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: learningmarket.org