GASB Statement No. 103, Financial Reporting Model Improvements, introduces targeted improvements to the governmental financial reporting model, building on the foundation established by GASB 34. This CPE-eligible webinar will provide a comprehensive overview of the key changes, including presentation requirements for proprietary fund statements, updates to the Management’s Discussion and Analysis (MD&A), presentation options for discretely presented component units, and more.
Join us to understand how GASB 103 enhances transparency, improves decision-useful information, and supports accountability in public sector financial reporting. You’ll walk away with practical insights on implementation strategies and compliance considerations ahead of the effective date.
What you’ll learn:
- Presentation requirements for proprietary fund statements and the classification of operating/ nonoperating activities, including subsidies
- Revised structure and content requirements for MD&A, including the five mandated sections
- Implications of GASB 103 on financial reporting processes and implementation
For more information regarding program cancellation policies, please visit our webinar website or contact our offices at 248-352-2500.
Staff wishing to express complaints regarding this training should contact the Learning Team at 248-223-3881.
Plante & Moran, PLLC, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or by visiting the website: nasba.org.
