Pension/OPEB Reporting and Implementation Issues with GASB Statements 67, 68, 73, 74, 75

Seminar

Thursday, October 22, 2015, 9:00 AM–2:00 PM

Location

Doubletree Suites Hotel and Conference Center
2111 Butterfield Road
Downers GroveIL 60515

Map and directions

  • Members $ 135.00 Before Oct 21, 2015 $ 150.00 Between Oct 21, 2015 and Oct 22, 2015 Members $ 150.00
  • Government / Partner Colleagues $ 150.00 Before Oct 21, 2015 $ 170.00 Between Oct 21, 2015 and Oct 22, 2015 Government / Partner Colleagues $ 170.00
  • Non-members $ 175.00 Before Oct 21, 2015 $ 200.00 Between Oct 21, 2015 and Oct 22, 2015 Non-members $ 200.00

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Description

The meeting will take place at the Doubletree Suites Hotel in the Maple Room and the Networking Luncheon will be held in the Oak/Sycamore Room.

Intended Audience: 
 Finance Directors, Managers, Administrators, Accountants, Assistant Managers, Assistant Finance Directors, Pension Board Trustees, and professional staff and officials interested in local government pension issues. 

Seminar description: Government finance professionals from the public and private sector will review common implementation and reporting issues associated with GASB Statements 67 and 68.  The GASB Statement 67 session will focus on frequent issues in data reports provided by professional service providers. The GASB Statement 68 session will take a practical, hands-on approach to correcting common reporting issues by local governments.  The GASB Statements 73, 74, and 75 session will provide an overview of the pronouncements' technical requirements and will explain to local governments how to prepare for successful implementation.

Agenda

Learning Objectives, after attending this session, participants should be able to:

  • Understand and correct common data reporting errors for calculating the disclosures required by GASB Statement 67
  • Understand and correct common reporting errors in implementing GASB Statement 68
  • Prepare the journal entries required to account for the assets, liabilities, and expenses for pension disclosures required by GASB Statement 68
  • Obtain an understanding of the basic requirements of GASB Statements 73, 74, and 75
  • Begin to assess and assemble the data needed to implement GASB Statements 73, 74, and 75

Instructors:
Linda Abernethy, McGladrey, LLP
Brian Caputo, GASB, Finance Director, City of Aurora
Tom Dahl, Finance Director, Village of Roselle
Jason Franken, Foster & Foster
Terese Krafcheck, MB Financial Bank
Fred Lantz, Sikich, LLP

Delivery Method: Group-Live
Program Level: Overview
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required
Field of Study: Accounting (Governmental)
Earn About 4.0 CPE credit

CPE hours: 4.50

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card. 

IGFOA Members are those individuals from the Public Sector, Partner, and Individual Firm specifically listed in the IGFOA Membership Directory. IGFOA Government staff member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. If you have questions about your membership, contact IGFOA at 630-942-6587. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year. If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible.  A $20 cancellation fee will be charged for cancellations up to October 15, 2015. Cancellations after October 15, 2015 and no-shows are responsible for the full tuition.

IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. Should IGFOA cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. By submitting this registration, the applicant agrees to the registration and cancellation policy above.

If you have any questions regarding this seminar, cancellations, complaints, or refunds, please contact the IGFOA at 630-942-6587 or info@igfoa.org.

Approved by the National Registry of CPE Sponsors

CPE RegistryIllinois Government Finance Officers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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