[CAFR-Contacts-News] FW: NASACT Webinar: GASB’s Invitation to Comment, Financial Reporting Model Improvements—Governmental Funds

Wed Jan 18 08:48:02 PST 2017

Good Morning CAFR Contacts,

Enrollment to the NASACT webinar on GASB’s Invitation to Comment on financial reporting model improvements and how it relates to governmental funds is now open on iLearn.  As I mentioned in my email last week, what the GASB has proposed could fundamentally change governmental accounting so this will be an important webinar.

iLearn keywords are DAS, SARS, and GASB

As a reminder, this will be held at the Veterans’ Auditorium on Thursday, February 23 from 11:00 – 12:50 pm (PST).

Feel free to contact me with any questions.

Rob

From: CAFR-Contacts-News [mailto:cafr-contacts-news-bounces at listsmart.osl.state.or.us] On Behalf Of HAMILTON Robert W * DAS
Sent: Wednesday, January 11, 2017 9:31 AM
To: cafr-contacts-news at listsmart.osl.state.or.us
Subject: [CAFR-Contacts-News] FW: NASACT Webinar: GASB’s Invitation to Comment, Financial Reporting Model Improvements—Governmental Funds

Good Morning CAFR Contacts,

SARS is pleased to be hosting this NASACT webinar on GASB’s Invitation to Comment on financial reporting model improvements and how it relates to governmental funds.  As it is at the Invitation to Comment stage, it means that this is early in GASB’s due process stages, but if this were to become a standard, this could have a major impact, as it could fundamentally change governmental accounting.  As a result, SARS will be hosting this training at the Veterans’ Auditorium on Thursday, February 23, from 11:00 am – 12:50 pm (PST).

We’ll be getting this training up on iLearn as soon as we can, but in the meantime, please add this training to your calendar so you can save the date.

As is common with these trainings, 2 hours of continuing professional education (CPE) will be offered.  Please be aware that CPE the process has changed, as outlined by NASACT in the email below.

Please feel free to contact me with any questions.

Thank you,

Rob

Robert W. Hamilton, CPA
Statewide Accounting and Reporting Services Manager
Chief Financial Office
Department of Administrative Services
Phone:  (503) 373-0299
http://www.oregon.gov/DAS/financial/acctng

Data Classification: Level 1 - Published

From: NASACT [mailto:apeniston at nasact.org]
Sent: Wednesday, December 21, 2016 12:34 PM
To: Robert <robert.w.hamilton at state.or.us<mailto:robert.w.hamilton at state.or.us>>
Subject: NASACT Webinar: GASB’s Invitation to Comment, Financial Reporting Model Improvements—Governmental Funds

GASB to discuss the major components and proposed changes...

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GASB’s Financial Reporting Model Improvements – Governmental Funds

Thursday, February 23, 2017
2:00 – 3:50 p.m. Eastern Time

CPE: 2 credits available

OVERVIEW

Has it really been over 17 years since GASB 34 was issued? It’s hard to believe, but true! GASB is again turning its attention to the government reporting model with the release of an invitation to comment document entitled Financial Reporting Model Improvements – Governmental Funds.

This highly-anticipated reporting model project begins with a focus on accounting and reporting of governmental funds. This phase of the project addresses several potential improvements to governmental fund reporting, including:

  *   Recognition approaches (measurement focus and basis of accounting).
  *   Format of the governmental funds statement of resource flows.
  *   Specific terminology.
  *   Reconciliation to the government-wide statements.
  *   For certain recognition approaches, a statement of cash flows.
GASB believes this project will have a significant impact on the foundation of state and local governments’ accounting and financial reporting. Please join us for this informative webinar!

Speakers:

  *   David A. Vaudt, Chairman, GASB
  *   David R. Bean, Director of Research and Technical Activities, GASB
  *   Other GASB staff
Click HERE<http://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=0c794fb30e&e=224cba0fa0> to see full registration brochure.

REGISTER<http://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=62a3f36769&e=224cba0fa0>

COST

$299 per group (unlimited attendance); $50 per person; $25 per person if no CPE required

  *   Use promo code INDWEB to receive individual discount pricing with CPE.
  *   Use promo code INDNOCPE to receive individual pricing with no CPE required.
  *   For information regarding refunds, concerns and/or program cancellation policies, please contact our office at (859) 276-1147.

________________________________
MATERIALS AND INSTRUCTIONS
You will receive instructions on how to join the webinar as part of your registration confirmation email. All forms and available bios and presentation materials can be found on our webinar materials page HERE<http://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=a732b5bdd1&e=224cba0fa0>.
________________________________
CONTINUING PROFESSIONAL EDUCATION

Attendance Requirements: NEW PROCESS – PLEASE READ!
To obtain full credit for this event, attendees must submit attendance verification codes as given during the webinar. Click HERE<http://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=ab8226ee9c&e=224cba0fa0> for the full instructions.

Learning Objectives:  In this webinar, attendees will learn the significant accounting and financial reporting changes pertaining to the governmental funds being contemplated by the GASB, including:

  *   Overview of major issues (nature and scope).
  *   Recognition approaches (measurement focus and basis of accounting).
  *   Fund financial statement issues.
Delivery Method:  Group-Live (for those viewing as a group) or Group-Internet Based (for those viewing individually)

CPE Credits:  Two credits are available for this event.

Level of Knowledge:  Overview

Field of Study:  Accounting (Governmental)

Advanced Preparation and Prerequisites:  All government employees are encouraged to attend. No prerequisites or advanced preparation required.
Refunds and Concerns:  For information regarding administrative policies such as refunds and concerns, please contact our offices at (859) 276-1147.

[Image removed by sender.]The National Association of State Auditors, Comptrollers and Treasurers 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org<http://nasact.us12.list-manage.com/track/click?u=61c76c4b320bf504df577d7d7&id=2d80873763&e=224cba0fa0>.

________________________________
ADDITIONAL INFORMATION

Program Content
Kinney Poynter, kpoynter at nasact.org<mailto:kpoynter at nasact.org>, (859) 276-1147

Website Login, Payments or Registration
Pat Hackney, phackney at nasact.org<mailto:phackney at nasact.org>, (859) 276-1147

Logistics, CPE or Other
Anna Peniston, apeniston at nasact.org<mailto:apeniston at nasact.org>, (859) 276-1147

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