- NY Credits : 8.0
- TX Credits : 8.0
When the GASB promulgated GASB 34 it was a 400-page document, including four appendices. It was intimidating to say the least. GASB 34 sets forth the basic financial reporting requirements for state and local governments. This course will not only introduce you to the basic financial statements and required supplementary information (RSI), but it will familiarize you with many of the statements major provisions. This includes updates for GASB 54.
This course is most appropriate for the professional with detailed knowledge in basic financial reporting requirements for state and local governments who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
identify the key elements in the reporting model,
identify the important aspects in a management's discussion and analysis,
identify government-wide financial statements,
apply the rules regarding fund structure and reporting, and
identify the aspects of special purpose governments.