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Implementing new accounting standards: GASB 100 and GASB 101

Obtain guidance for your implementation of Governmental Accounting Standards Board statements no. 100 and no. 101. GASB 100 for accounting changes and error corrections is effective for periods ending June 30, 2024 and after. GASB 101 for compensated absences is effective for periods ending December 31, 2024 and after.

Learning objectives

By attending this webinar, participants will be able to:

  • Understand what the updates were 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

John Compton, Jr., CPA, principal

Justin Hoagland, CPA, principal

Michelle Walter, CPA, senior manager

Amanda Mboga, CPA, senior manager

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)

A certificate of completion will be emailed to you four to six weeks following the event. For more information regarding administrative policies such as complaint and refund policies, please email learning@bakertilly.com.

CPE sponsors

Baker Tilly is registered with the National Association of State Boards of Accountancy 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: nasbaregistry.org.

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