Public Sector Accounting Standards (PSAS) continue to evolve. Join us for one or both of our upcoming sessions to find out what these changes are, and how they will affect your organization.
Session 1 – November 24, 2020 (Tuesday) from 1:00 PM - 2:00 PM EST
2020 Public Sector Accounting Standards (PSAS) Update
Session will cover:
- 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-ends
- 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 – December 1, 2020 (Tuesday) from 1:00 PM - 2:00 PM EST
A Practical Approach to Asset Retirement Obligations (AROs)
Session will cover:
- 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
