This webinar reviews the accounting and financial reporting standards for government combinations and disposals of operations in accordance with GASB Statement 69. In addition, this webinar also provides examples and case studies of combination scenarios and how they should be accounted for under this new guidance.

In this session, you will learn about:

• How to account for assets and liabilities in various kinds of government mergers and acquisitions
• Accounting for the sale or discontinuation of a service

The requirements of this statement are effective for government combinations and disposals of government operations occurring in financial reporting periods beginning after December 15, 2013, and should be applied on a prospective basis; however, earlier application is encouraged.