GAE2618. A Deep Dive on GASB 103 and Other Recently Issued GASB Standards

This session will provide a deep dive into GASB Statement No. 103, Financial Reporting Model Improvements, and an overview of other recently issued GASB standards and implementation guidance. The session will focus on key presentation, disclosure, effective date, and implementation considerations for preparers and auditors.

Learning Objectives:

• Analyze the key financial statement presentation and disclosure changes introduced by GASB Statement No. 103.
• Determine the scope, effective dates, and transition requirements for recently issued GASB standards and related implementation guidance.
• Assess implementation and audit considerations for operationalizing the new requirements, including data-gathering needs, financial statement format changes, note disclosures, and coordination between preparers and auditors.