2024 Annual GASB Update

Maner Costerisan’s education team covers important GASB updates for schools, led by Jeff Straus, CPA, Principal, and Kasey Roth, CPA, Senior Manager.

Gain insights into how these changes affect your school’s financial planning and reporting strategies for 2024.

GASB 101 – Compensated Absences. Explore the intricacies of compensated absences and their impact on financial statements. Discover best practices for accurately accounting for compensated absences to ensure compliance with GASB standards.

GASB 87/96 – Lease and SBITA Revisit. Navigate the complexities of GASB 87 and 96 to manage lease agreements and SBITA arrangements effectively. Gain practical insights into implementing GASB requirements for leases and SBITA in your financial reporting processes.

GASB Financial Reporting Model Improvements – Delve into the latest GASB financial reporting model updates and understand their impact on your reporting practices.

Learn strategies for enhancing transparency, relevance, and reliability in financial reporting under the revised GASB standards.