Educational Webcasts and Webinars
IN FOCUS: Revenue and Expense Recognition—Preparers and Auditors III
Date: Thursday, December 10, 2020
Time: 2:00–3:00 p.m. EST
Program Description: The Governmental Accounting Standards Board (GASB) is pleased to announce its Revenue and Expense Recognition webinar series for preparers and auditors of financial statements. This is the last of three webinars designed to cover the major areas included in the Revenue and Expense Recognition Preliminary Views issued by the GASB on June 16.
The areas that will be covered in this webinar include:
- Relationship between categorization and recognition proposals for expenses
- Category A expense recognition topics
- Category B expense recognition topics
- Measurement proposals
- Governmental funds application.
Moderator: David R. Bean, Director of Research and Technical Activities
At the end of this program, participants will be able to:
- Assess the major expense recognition proposals in this project
- Understand how the proposed expense recognition principles are applied to selected transactions
- Understand how the proposed revenue and expense model is applied to transactions reported in governmental funds.
Delivery Method: Group-internet based
Program Level: Basic
Program Prerequisites: None
Advanced Preparation Needed: None
Recommended CPE: 1.0 hour; 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 NASBA.
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 CPEGASB@gasb.org.
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: www.nasbaregistry.org/cpas/complaints.
NASBA National Registry of CPE Sponsors—Sponsor License Number 107522
Texas Sponsor Number 000016