PUBLIC SECTOR ACCOUNTING STANDARDS (PSAS) UPDATE 2020
Watch On Demand
Did you miss our Public Sector Accounting Standards (PSAS) Update 2020 Sessions? Catch up with our on-demand recordings.


Session 1 – 2020 Public Sector Accounting Standards (PSAS) Update
This session covered:

  • Accounting and financial reporting considerations related to COVID-19 that public sector entities must be aware of for upcoming December 31, 2020 and March 31, 2021 year-end
  • An update on recent changes to Public Sector Accounting Standards, including changes to effective dates of new standards that will affect your organization
  • A look at what’s coming in the future for PSAS


Session 2 – A Practical Approach to Asset Retirement Obligations (AROs)

This session covered:

  • Accounting issues that must be considered when adopting new Section PS 3280, Asset Retirement Obligations
  • The financial statement impact of the new standard
  • Who you need to be talking to within your organization
  • What experts you may need to get involved
  • Timing of when the work must be done to be ready to adopt the new standard
  • The organizational benefits of adopting the new standard
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The COVID-19 landscape is changing day by day

We've compiled a checklist to help you assess next steps.

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