GOV2105. Deep dive into GASB proposed financial reporting model - it's coming! Part 2

This session will provide an update of the GASB's Financial Reporting Model Improvements project. Part 2 will cover the proposals related to the format of the governmental funds financial statements, proprietary funds, management's discussion and analysis, budgetary comparisons, major component unit presentations, and unusual or infrequent items.

Learning Objectives:

• Recognize the proposals being made in the financial reporting model improvements project
• Identify the impact that the proposed amendments might have on governmental financial reporting