Learn how state and local governments are navigating the transition to GASB Statement No. 103 and what the first wave of implementations reveal about real-world challenges and opportunities. This webinar breaks down seven key lessons learned from initial GASB 103 adoption, helping finance and budget teams better understand requirements, avoid common pitfalls, and improve financial reporting.
You’ll gain practical insights into management’s discussion and analysis (MD&A) gaps identified during early implementations, including trends uncovered through AI-enabled assessments. The session also explores how recent GASB guidance on subsidies clarifies critical areas of judgment and supports more consistent application across organizations.
In addition, this discussion highlights how finance, budget, and operational teams are working together throughout the GASB 103 process, and how to effectively respond to cross-departmental questions. Whether you are preparing for implementation or refining your current approach, this session provides actionable strategies to support compliance and strengthen public sector financial reporting.
Topics covered:
- GASB 103 implementation lessons learned
- Common challenges and reporting pitfalls
- MD&A gaps and AI-driven insights
- GASB subsidies guidance and key judgments
- Collaboration between finance and budget teams
Stay informed on the latest government accounting standards and improve your approach to GASB 103 implementation with practical, real-world insights.
