Keeping up with evolving Governmental Accounting Standards Board (GASB) guidance is critical for timely implementation and accurate financial reporting. Join RSM leaders as they discuss pending GASB Statement No. 103, Financial Reporting Model Improvements; GASB Statement No. 104, Disclosure of Certain Capital Assets; and GASB Statement No. 105, Subsequent Events.
Watch this recorded session to learn what’s changing, what to watch for and practical considerations to support implementation.
Topics covered:
- GASB Statement No. 103: Financial Reporting Model Improvements
A high-level overview of the reporting model improvements and areas affected, including the exposure draft of the 2026 Implementation Guide—Financial Reporting Model Improvements—Subsidies released in February 2026
- GASB Statement No. 104: Disclosure of Certain Capital Assets
Overview of key capital asset disclosures, including the new requirement to disclose assets held for sale and the requirement to disclose leased assets, intangible assets, subscription-based information technology (SBITA) assets and capital assets resulting from Public-Private and Public-Public Partnerships (P3) agreements
- GASB Statement No. 105: Subsequent Events
Overview of the requirement to consider subsequent events through the date the financial statements are available to be issued and the related practical considerations for implementation
