Technical Accounting Review Committee Meeting

Committee

Wednesday, January 10, 2018, 2:00 PM–4:30 PM

Location

Village of Glen Ellyn
535 Duane Street
Glen EllynIL 

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Description

Intended Audience:  IGFOA TARC Committee Members.  Interested in participating in the TARC Committee, contact the IGFOA at execdir@igfoa.org.

The Technical Accounting Review Committee monitors and comments on activities and rulings of the Governmental Accounting Standards Board (GASB). The committee provides testimony on GASB standards and educates the IGFOA membership on those standards.  This meeting will discuss the three documents below. 

  • Accounting for Interest Cost during the Period of Construction
    (Comment Deadline: March 5, 2018)
    (Exposure Draft)
    November 20, 2017 (Approved by Board)
    Exposure Draft 
  • Implementation Guide No. 201Y-X, Implementation Guidance Update—201Y
    (Comment Deadline: February 16, 2018)
    (Exposure Draft)
    November 20, 2017 (Cleared by Board)
    Exposure Draft 
  • Accounting and Financial Reporting for Majority Equity Interests—an amendment of GASB Statement No. 14
    (Comment Deadline: January 19, 2018)
    (Exposure Draft)
    November 1, 2017 (Approved by the Board)
    Exposure Draft
Learning Objectives – This meeting is eligible for CPE credit.
• Review, discuss and develop responses to GASB Exposure Draft on Accounting and Financial Reporting for Majority Equity Interests – An Amendment of GASB Statement No. 14
 Review, discuss and develop responses to GASB Exposure Draft on the Implementation Guide 201Y-X
 Review, discuss and develop responses to GASB Exposure Draft on Accounting for Interest Cost during the Period of Construction
 Expand your familiarity of  the accounting and financial reporting challenges faced by local governments in Illinois as a result of new accounting standards through interaction with fellow accounting and finance professionals

Delivery method: Group-Live
Program Level: Advanced
Prerequisites: IGFOA TARC Committee Member
Field of Study: Accounting (Governmental) - Technical
Advanced Preparation: none
CPE: Earn about 1.0 CPE

CPE hours: 1.00

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

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

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