GOV2215. GASB Accounting Update for Tribes

This session will provide an overview of how recent GASB pronouncements are expected to impact financial reporting for Tribal governments and their businesses. We will also discuss the key Federal programs provided to Tribes in response to the COVID-19 pandemic and review significant audit risks around each of these programs.

Learning Objectives:

• Identify new accounting standard updates and recognize how they may impact financial reporting for Tribal governments and entities.
• Compare common Federal grant programs provided to Tribes related to COVID-19 pandemic.
• Recognize key compliance issues and audit risks related to Federal grant programs provided to Tribes.