Government Accounting and Auditing Section - FASAB Update


1.0 Credits

Mr. Showalter, chairman of the Federal Accounting Standards Advisory Board, will updated the section regarding recently completed standards and ongoing projects. Recently completed standards address accounting for insurance programs, tax expenditures, and opening balances for property, plant, and equipment. Ongoing projects include the reporting model, risk assumed, leases, budget to accrual reconciliation, and land. Participants will have ample opportunity to ask questions and offer ideas.

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