GASB 84 Revisited and GASB 97

Course Description Now that GASB-84 has a postponed implementation due to the issuance of GASB-95 and will now be implemented for fiscal years beginning after December 15, 2019 (January 1, 2020 or July 1, 2020), it is time to revisit GASB-84. Also, GASB just issued GASB-97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans, which will have an impact on reporting certain activities. Join us for a refresher on GASB-84 and the latest on the new GASB-97, which amends GASB-84. Learning Objectives: Review components of GASB-84, as amended now by GASB-97. Discuss the reporting of defined contribution plans and other employee benefit plans. Review the reporting of student activity funds and other potential fiduciary activities.