Educational Webcasts and Webinars

IN FOCUS: Financial Reporting Model Improvements

Date: Tuesday, December 15, 2020

Time: 2:00–4:00 p.m. EST

Program Description: The Governmental Accounting Standards Board (GASB) is pleased to announce its webinar providing information on the proposals in the Exposure Draft, Financial Reporting Model Improvements.

The areas covered will include:
  1. Recognition concepts and application of the short-term financial resources measurement focus and accrual basis of accounting in governmental funds
  2. Presentation of governmental fund financial statements
  3. Presentation of the proprietary fund statement of revenues, expenses, and changes in fund net position
  4. Management’s discussion and analysis
  5. Budgetary comparison information
  6. Audience question-and-answer session.
Speakers: Roberta Reese, Lisa Parker, and Scott Reeser, GASB Senior Project Managers; Janeen Hathcock, GASB Associate Practice Fellow

Moderator: David R. Bean, GASB Director of Research and Technical Activities
At the end of this program, participants will be able to:
  1. Understand the scope of the proposed improvements to the financial reporting model
  2. Assess the major proposals in the Exposure Draft, Financial Reporting Model Improvements.
Participants will have the opportunity to submit questions to the panelists during the webinar.

Delivery Method: Group-internet based

Program Level: Basic

Program Prerequisites: None

Advanced Preparation Needed: None

Recommended CPE: 2.0 hours; final CPE earned will be determined based on the length of participation in the program, polling questions as described in CPE Eligibility, and completion of a course survey.  Credit is provided only to participants in the live broadcast of this course. Please note that credit is not provided for group viewing. Each participant must be registered separately and meet both polling and duration requirements as per National Association of State Boards of Accountancy.

Refund/Cancellation Policy: There is no cost for this course and there is no cancellation penalty. Participants will be notified by email as soon as possible if the course is cancelled for any reason.

Complaint Policy: To register complaints about course content or delivery method and to inquire about the timeliness and accuracy of CPE credit posting for this event, contact

Official National Registry of CPE Sponsors' Statement

The Financial Accounting Foundation/FASB/GASB 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:

NASBA National Registry of CPE Sponsors—Sponsor License Number 107522

Texas Sponsor Number 000016