AuditWare Online Seminars

Practical Applications: GASB 94, 96 & 101

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. 94, “Public-Private Partnerships and Availability Payment Arrangements”, No. 96, “Subscription Based IT Arrangements” and No. 101, “Compensated Absences” along with the implications for next year’s newly Revised Audit Standard (SAS 145) issued by the AICPA and its impact on audit procedures and risk assessments.

Learning Objectives:

1) Have a thorough understanding of GASB Statements 94, 96 and 101 and their effects on Annual Financial Audits;

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

3) Understand the relationship between GASB Statement No. 87, Leases and Pronouncements 94 & 96.

4) Be familiar with and identify the steps necessary for implementation of GASB 94, 96 & 101

5) Have a thorough overview of SAS 145 for new changes in audit and risk assessment procedures.