Description
Get uptodate on the latest GASB Standards.Governments commonly offer retiree health care and other benefits to their employees, usually referred to as OPEB benefits. This promise of future benefits often creates a significant liability to governments that is now recognized on their financial statements under new GASB standards. This topic will help financial statement preparers, users and auditors understand the basic requirements of these new accounting standards. It will also help you understand some important modifications to the pension plan reporting standards to help them conform with the OPEB accounting and reporting. Understanding OPEB benefit accounting is essential to evaluate the financial condition of governments that offer these benefits, and this topic will offer the tools to help make such evaluation.
Date: 2020-02-14 Start Time: End Time:
Learning Objectives