ACPEN: What's Going on at the GASB (2026/27)

Overview

This course provides a focused update on major recent pronouncements issued by the Governmental Accounting Standards Board. Coverage includes GASB Statement No. 103 (financial reporting model improvements), GASB Statement No. 104 (enhanced disclosures for capital assets), and GASB Statement No. 105 (subsequent events).

Participants will also receive a high-level overview of active GASB exposure drafts and ongoing projects. The course is designed to help auditors, preparers, and financial leaders understand how these developments affect audits, financial statement preparation, and board reporting.

Highlights

• GASB Statement No. 103 (financial reporting model improvements)
• GASB Statement No. 104 (capital asset disclosure enhancements)
• GASB Statement No. 105 (subsequent events)
• Recent GASB pronouncements and updates
• Active GASB exposure drafts and ongoing projects
   

Prerequisites

Prior experience with governmental financial reporting

Designed For

All accounting/auditing professionals

Objectives

• Recall the impact of GASB Statement No. 103 on the governmental financial reporting model
• Identify new disclosure requirements introduced by GASB Statement No. 104
• Recognize requirements related to subsequent events under GASB Statement No. 105
• Recall key elements of recent GASB exposure drafts and active projects

Preparation

 None