Government Pension Accounting and Financial Reporting WEBCAST
Overview
This course will update your understanding of GASB’s new pension standards (GASB statements Nos. 67, 68, 71, 73, 78, 82, 85 and 92) for accounting and financial reporting and compare them to prior standards. In-class exercises will review financial reporting of total and net pension liabilities and related note disclosures.
Highlights
Accounting and financial reporting for net pension liabilities. Effect of the Measurement Date. New pension standards by GASB. GAAP for government. Defined benefit and defined contribution pension plans
Prerequisites
An understanding of governmental accounting and financial reporting.
Designed For
Governmental accountants and financial professionals.
Objectives
Determine accounting and financial reporting for state and local government pension plans. Recognize financial reporting of pensions in a city’s Annual Comprehensive Financial Report (ACFR) and notes to the financial statements. Identify actuarial valuation for total pension plan liability and the resulting net pension liability.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Gary Caporicci
Gary Caporicci is a Senior Partner and co-founder of Caporicci & Larson, CPAs, with offices in Irvine, Oakland, Sacramento and San Diego, California. Mr. Caporicci has over 30 years of audit and management experience and is responsible for the Firm’s Audit and Accounting practice. Gary has extensive experience and knowledge in auditing and consulting for many government agencies and has authored many audit and accounting courses. He has been a frequent speaker and lecturer at many professional organizations and governmental seminars and conferences including the California CPA Education Foundation, Government Finance Officers Association, Texas Society of CPA’s, Institute of Internal Auditors, major CPA firms and several universities. Mr. Caporicci is chair of the Governmental Accounting and Auditing Committee of the California Society of CPAs; National Reviewer for the Government Finance Officers Association; California and Texas Societies of CPA’s, Institute of Internal Auditors and Association of Government Accountants. Gary also chairs the Governmental Accounting and Auditing Conference sponsored by the California society of CPA’s. He is a Core Adjunct Professor at National University teaching government accounting, auditing and other upper division and graduate courses. In 2006 Mr. Caporicci was awarded Instructor of the Year for California CPA Education Foundation.
Non-Member Price $209.00
Member Price $159.00