This webinar will help your organization discover the recent GASB 65 issuance and how it impacts your financial statements. Baker Tilly specialists will guide you through the elements of the update and provide real-world examples to help you sort through the new classifications.
- Discuss the background of this new statement
- Introduce the definitions of the new elements of the financial statements
- Identify classification of assets, deferred outflows, liabilities, and deferred inflows
- Highlight changes in accounting treatments for certain items
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