GASB update for Minnesota governments

2021 MACATFO Summer Conference

Join Baker Tilly as our public sector specialists present at the 2021 Summer Conference held by the Minnesota Association of County Auditors, Treasurers, and Finance Officers (MACATFO). This annual event brings together county government financial and audit professionals for training, networking and engaging discussions on current trends and best practices.

On June 24, state and local government partner Kim Shult will present a session detailing recent changes to the Governmental Accounting Standards Board (GASB) accounting and financial reporting requirements and how governments can best prepare for implementation and compliance with these revised standards.

GASB statement update: a practical guide to implementation

Thursday, June 24, 2021
8:30–9:30 a.m. CST

The COVID-19 pandemic has altered some GASB statement requirements and effective dates for several accounting standards, but state and local governments still need to prepare for implementation and compliance. This session will provide an update on the GASB statements that should be top priority for governments this year and offer valuable tools, examples and best practices to help organizations adopt the new standards. Specifically, we will provide an overview of GASB Statement No. 84, Fiduciary Activities and GASB Statement No. 87, Leases, including key adoption considerations and how to ensure a streamlined implementation.

Baker Tilly is a proud annual sponsor of MACATFO. Connect with our public sector specialists throughout the annual conference!

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