CPAR GOV - Accounting & Financial Reporting

CPAR GOV/NFP - Vol. 2018 - No. 2 - 01 - Debt Disclosures: Taking a New Approach

Course Overview
Under a new standard adopted by the Governmental Accounting Standards Board, state and local governments will be required to present direct borrowings and direct placements of debt separately in their financial statement note disclosures. According to Warren Ruppel, a partner in the firm of Marks Paneth LLP, the standard setter intends to create a stronger accounting framework in order to address a variety of transactions, including some for which there is currently no guidance.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • List the types of debt that must be disclosed under GASB Statement No. 88
  • Recognize the different types of implementation guides
  • Identify auditor responsibilities for municipal securities offerings
  • Recognize the differences between the non-exchange and exchange model

Prerequisites/Advanced Preparation:

Work experience in government accounting or auditing, or an introductory course in government auditing

Speaker / Author:

CPAR Government/Not-For-Profit
SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1343-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting - Governmental

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