PDF-Financial Reporting of Deferred OutflowsGASB Statement No. 63

The objective of GASB 63 is to provide guidance for reporting deferred outflows of resources deferred inflows of resources and net position in a statement of financial position and related disclosur. 29. th. Annual LA GFOA Fall Conference. October 4, 2012 Baton Rouge Crowne Plaza. Presented by Tim Green, CPA. Allen, Green & Williamson, LLP. Must commute monthly from Mars? Yes No. Must consider GASB to be a sovereign nation in . Statements of income and comprehensive income. Statements of financial position and changes in equity. Remember the attendance sheet!. I. Statements of income and comprehensive income. Theoretical considerations. Alaska GFOA. Anchorage, Alaska. November 17, 2014. 1. Topics. Pension accounting changes. Government combinations. N. onexchange financial guarantees. Deferred outflows and inflows. Common misconceptions. Heidi E. White, CPA. Partner . vavrinek. , trine, day & co., . llp. October 2, 2014. GASB Statements . GASB Statements. Overview of Governmental Accounting Standards Board. Recent Proposals and Pronouncements. AGFOA . April, 2012. Overview. Statement 61 – Reporting Entity Omnibus. Statement 62 – Pre-89 FASB and AICPA Pronouncements. Statement 63 – . Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources, and Net . Purvis Gray & Company LLP . June, 2011. Mark A. White CPA, Partner. Purvis Gray & Company, LLP. Ocala, Florida. Accounting Profession Reacts to New GASB Statements. Historical Perspective. GASB was established by the Financial Accounting Foundation (FAF) in 1984. CHAPTER 19. Intermediate Accounting. 16th . Edition. Kieso . ●. . Weygandt . ●. . Warfield. . Understand . the fundamentals of accounting for income taxes. . . Identify . additional issues in accounting for income taxes.. Ian Ball. Chairman, CIPFA International. Japan IMF Sub Acc. Outline. Session objective. Context. Key changes. The conceptual framework. Implementation and marketing. Current status. Session Objective. Gerard Hehir – Product manager . 2. The following is intended to outline QAD’s general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, functional capabilities, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functional capabilities described for QAD’s products remains at the sole discretion of QAD.. Including a Unified Chart of Accounts. John Zohrab. Fiscal Affairs Department. Presentation at the Regional Workshop. on Financial Reporting and Management of Fiscal Risks. in Astana, Republic of Kazakhstan, May 21-23, 2014. June 30, 2012. GASB Statement No. 64, Derivative Instruments: Application of Hedge Accounting Termination Provisions. Summary of GASB Updates. Effective Dates – Recently Issued GASB Standards. June 30, 2013. Focused Group Training – H2020 Legal & Financial issues. Ankara 10 November 2017. Vangelis Argoudelis / FORTH. Continuous Reporting . (Deliverables, Milestones). Periodic . Reporting . (60 . days . Workshop 2015. GASB 68. New reporting requirement that will affect this year’s audit. It is highlighted in the audit contract.. Purpose is improve the accounting . and financial reporting by state and local governments for . 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 State of California - Department of Business Oversight MARY ANN SMITH Deputy Commissioner DOUGLAS M. GOODING Assistant Chi