CPE Session 13: Sunday, August 3, 8:00 – 11:00 AM

Description/Objectives:
The biggest thing to hit governmental accounting and reporting instruction in the last 20 years has been GASB Statement No. 34. But now the GASB has moved on, and people who teach governmental accounting must as well. This workshop will examine the new “hot topics” of governmental and nonprofit accounting and reporting, including affiliated organizations, reporting investment risks, impairment of assets, budgetary reporting, environmental issues, and other post-employment benefits. The session will also include an update on the GASB’s activities. To meet these objectives, section members familiar with the topics will be making presentations on them, exploring what the GASB is doing or has done in the area, and what we need to include in our classroom discussions. There will be plenty of time for questions, so plan ahead and come with things in mind.

Format/Structure:
The workshop will last approximately 160 minutes (180 minutes, less a 20 minute break). The workshop opens with a presentation from a GASB staff member or a section member on what has happened at the GASB in the last year (50 minutes). This presentation will be followed by a panel discussion and presentations by section members on new topics brought up in the first presentation. The time allocated to each presentation will depend on the number of speakers. Approximately two-thirds of each time slot will be reserved for the presentation, with the other one-third used for questions and comments.

Intended Audience:
The intended audience for this CPE session is AAA members who teach governmental and nonprofit accounting, reporting, and auditing.

Presenters:
TBA

Sponsor:
Government and Nonprofit Section