T110: FASAB Update

  • Room: Grand E
  • Session Number:T110
Tuesday, July 19, 2022: 11:00 AM - 11:50 AM

Speaker
George Scott CGFM, CPA, CGMA
Chairman
Federal Accounting Standards Advisory Board
Speaker
Ricky Perry CPA, CGFM
Assistant Director
FASAB

Description

Explore FASAB projects and other topics of interest.


Key Take-aways

Key Takeaways:
• FASAB is involved in ongoing technical and research activities.
• Recent FASAB pronouncements are in implementation, while several proposals are out for public comment.
• FASAB offers numerous resources of interest to preparers and auditors who implement their standards.

Learning Objectives

Review FASAB’s current projects and the related accounting issues. Examine changes in federal accounting from recent pronouncements and their anticipated effects. Learn how to engage in FASAB’s due process. Explore resources for preparers and auditors who implement FASAB standards.