Event Description

This course will start with the GASB standards effective in 2023, focusing on GASB 94, Public Private Partnerships and GASB 96, Subscription Based IT Arrangements. We will then switch to the audit side of the house to examine the impact of the 2023 Compliance Supplement on Single Audits. We close with a look at common deficiencies found in audits of COVID-related funding. 

Designed For

Prior experience with accounting or auditing of governmental entities.

Objectives

• Recall the impact of GASB 94 on financial reporting for governments
• Describe the accounting for subscription based IT arrangements
• Recall the impact of standards effective in 2023
• Identify changes to single audits as a result of the 2023 Compliance Supplement
• Recall common deficiencies found related to COVID-19 funding

Prerequisites

Prior experience with accounting or auditing of governmental entities.