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2021 
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Finance Track
GASB Update: So Much for 2020 Vision, huh?
Christopher Pembrook
Course Description
Wow, what a year. Even before the COVID-19 pandemic, GASB’s standard-setting activity had actually slowed to a more manageable level in 2020 after several very busy years. However, that slower pace is set to pick up again with the implementation of many of the standards whose effective dates were initially postponed by GASB 95. In this session, we will talk about fiduciary activity accounting and the new financial reporting requirements related to leases, along with several other pending GASB statements. In addition, several newer projects are closer to completion, with newer standards immanent. We will also address the “big 3” project, which includes a proposed new financial reporting model. Whoop! Whoop! Who’s ready for the GASB Update!?!
What You Will Learn
- Review fiduciary activity accounting and new lease financial reporting requirements
- Describe other new and upcoming GASB standards
- Describe a new financial reporting model, the "Big 3" project
Who Should Attend?
APIPA conference sessions are intended for island government accountability professionals. Audit, budget, finance, accounting, and related management and staff members will find interest and value in this presentation.
CPE: 4 hours
2021\08\30
1:00 p.m. - 6:00 p.m.
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INSTRUCTOR
Christopher Pembrook
Oklahoma City, OK
Chris Pembrook, MBA, CGAP, CPA, CRFAC is a Shareholder at Crawford & Associates, P.C., in Oklahoma City. Prior to joining the firm, he served as the Chief Financial Officer of the Oklahoma Police Pension & Retirement System and the Deputy Director of the Local Government & Special Services Division of the Oklahoma State Auditor & Inspector’s Office. He is currently serving as a committee member of the AICPA State and Local Government Expert Panel and the Oklahoma Society of CPA's Government Accounting & Auditing Committee. He also was selected to serve on the joint COSO-ACFE Task Force for the development of the group’s Fraud Risk Management Guide.
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Join Us August 22 - September 02, 2021 for the Virtual Conference.
The 32nd annual APIPA Conference will take place virtually from August 22 - September 02, 2021.
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