AuditWare Online Seminars

GASB Changes for 2025

Cameron Gulley is a graduate of Abilene Christian University and has had an accounting firm in Eastland, Texas since 1993.  Cam provides expertise in GASB pronouncements as a highly sought after consultant among Texas audit firms. Cam is a member of AICPA, TSCPA and GAQC.

Prerequisites: 

Course Content:

Some experience in Auditing for Local Governments is assumed

We will review GASB Pronouncement No. 101, "Compensated Absences", No. 102, “Certain Risk Disclosures”, No. 103, "Financial Reporting Model Improvements” and No. 104, “Disclosure of Certain Capital Assets” along with discussion on the possible impact of the future of the Department of Education.

Learning Objectives:

1) Have a thorough understanding of GASB Statements 101, 102, 103 and 104 and their effects on Annual Financial Audits;

2) Understand the potential changes from the newly effective GASB pronouncements on your Annual Financial Report;

3) Be familiar with and identify the steps necessary for implementation of GASB 101, 102, 103 & 104

4) Discuss the quickly shifting changes in the Department of Education and the potential impact on Auditors for 2025.