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Main Press Release Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits - Press Release - Digital Journal

Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits - Press Release - Digital Journal


NORWALK, Conn.--(Business Wire)--Registration now is open for two upcoming Governmental AccountingStandards Board (GASB) educational webinars focused on the Board’srecently-issued Exposure Drafts, Accounting and Financial Reportingfor Postemployment Benefits Other Than Pensions, and FinancialReporting for Postemployment Benefit Plans Other Than Pension Plans.

Other Postemployment Benefits (OPEB): A CPE Webinarfor State and Local Government Financial Statement Preparers &- Auditors willtake place on Wednesday, July 30, 2014, 1:00 to 2:40 p.m. EasternDaylight Time (EDT). Participants in the live broadcast (which isoffered free of charge to those who preregister)will be eligible for up to 2 hours of Continuing Professional Education(CPE) credit. (Please note: CPE credit is not available for groupviewing of the live broadcast.)

Other Postemployment Benefits (OPEB): A Webinar forUsers of State and Local Government Financial Information willtake place on Friday, August 8, 2014, from 1:00 to 2:00 p.m. EDT. Thisis an informational webcast targeted to financial statement users and isoffered free of charge to those who preregister.CPE credit will not be offered as part of this webcast.

The CPE webcast aimed at preparers and auditors will feature GASBResearch Manager Dean Mead, GASB Project Manager Scott Reeser, and GASBProject Manager Michelle Czerkawski discussing the Board’s recentlyissued Exposure Drafts on OPEB from the perspective of state and localgovernment practitioners. Topics covered will include:

1. Background of the project

2. Proposed recognition and measurement of OPEB liabilities

3. Proposed requirements for note disclosures and required supplementaryinformation

4. Proposed reporting requirements for OPEB plans

5. A question-and-answer period.

The non-CPE webcast will feature Mr. Mead, Mr. Reeser, and GASB ProjectResearch Associate Emily Clark providing information on the ExposureDrafts from the perspective of users of state and local governmentfinancial reports. Topics covered will include:

1. Background of the project

2. How the OPEB liability would be measured and reported in thefinancial statements

3. What information about OPEB governments would present in the notes tothe financial statements and required supplementary schedules

4. A question-and-answer period.

Archived versions of both webcasts will be available on the GASB websitethrough October 28, 2014, and November 6, 2014, respectively. (Pleasenote: CPE credit will not be available to those who view only thearchived version of the July 30 CPE webcast.)

For more information about the webcast, log on to www.gasb.org.

About the Governmental Accounting Standards Board

The GASB is the independent, not-for-profit organization formed in 1984that establishes and improves financial accounting and reportingstandards for state and local governments. Its seven members are drawnfrom the Board’s diverse constituency, including preparers and auditorsof government financial statements, users of those statements, andmembers of the academic community. More information about the GASB canbe found at its website, www.gasb.org.

MEDIA:
For Governmental Accounting Standards Board
ChristineL. Klimek, 203-956-3459
clklimek@f-a-f.org