Changes are coming for reporting fiduciary activities in government financial statements. In January 2017, the Governmental Accounting Standards Board (GASB) issued new guidance to address how governments identify and report fiduciary activities. These requirements are effective for fiscal years ending on or after Dec. 31, 2019. Understanding how to identify fiduciary activities and what the new reporting requirements are important as governments begin to implement.
The learning objectives for this webinar include: