The Age of Enlightenment (for finance departments!)

In addition to the usual GASB updates, we’re bringing in reinforcements (your peers!). Get the inside scoop on best practices for outsourcing your work and advice from the LSL Team. Plus, see how process automation can transform your department and learn what it takes to go from vision to reality.
Register


The LSL team is excited to be back for our annual LSL GASB Update on Thursday, May 4th, 2023. Get ready for a jam-packed day of training and earn up to 4 CPE credits!
You can still join us livestream via Zoom where you can utilize the chat to comment on presentations, ask presenters questions, and answer polls to earn CPE credits.
Cost: $95 per attendee.
GASB Overview: 91, 94, 100 and 101
LSL Government Services Partner, Ryan Domino, CPA, will cover:
91 – Conduit Debt Obligations | Takes effect: Fiscal year 2023
- Changes to the disclosure requirements.
- Situations (although rare!) that can arise when the debt is now the government’s (not the 3rd party’s) and how to account for those transactions.
94 – Public-Private and Public-Public Partnerships | Takes effect: 2023
- Ensure they are identified properly.
- Examples of how to account for P3 transactions.
100 – Accounting Changes and Error Corrections | Takes effect: 2024
- How to properly disclose: Error Corrections, changes in accounting principles, change in the reporting entity and changes in accounting estimates.
- Plus, when it’s acceptable to do a prior period adjustment and required disclosures if you do one.
101 – Compensated Absences | Takes Effect: Fiscal year 2025
- Understand what types of leaves makes up compensated absences, how to calculate it, and changes in the disclosure requirements.
(1 CPE credit)
GASB 96 SBITAs: Lessons Learned from GASB 87
Feel like you’re still recovering from implementing GASB 87 for leases? Us, too! So, let’s plan ahead and be more prepared for GASB 96: SBITAs. LSL Government Services Partner, Kelly Telford, CPA and LSL Government Services Senior Manager, Christian Townes, CPA will discuss the technical aspects along with the practical implementation to help your staff feel better equipped this time around.
(1 CPE credit)
Panel of Peers: How Some Local Governments are Addressing Staffing Shortages in New Ways
Listen to words of wisdom directly from your peers who have gone through it and made it out the other side! LSL Partner, Brandon Young, CPA will host a panel of current finance department leaders, including Patricia Song from City of Garden Grove, who are experiencing the same staffing shortages, increasing workload, and learning curve of new employees. They will share how they’ve addressed these challenges in the current environment – find out what’s worked for them!
(1 CPE credit)
Automation is Here: What Process Automation Is and Where to Start Your Journey
Process automation is possible! LSL Technology Consulting Partner, Gail Gray, CPA and City Manager of Town of Pecos City, Charles Lino, will take you behind the scenes of their successful automation story. They will connect the dots for you and provide insight on all of the do’s and don’ts from their journey through discovery (what can/could be automated), implementation (how to automate it), and beyond (train and support staff post-implementation).
(1 CPE credit)
Join us LIVESTREAM via Zoom!


WHEN:
Thursday, May 4, 2023
9:00 am – 3:00 pm PST
Cost $95 per attendee.
Agenda (PST):







8:00 – 9:00 am 1 hour Check-in
9:00 – 9:10 am 10 minutes Introduction – Managing Partner, Bryan Gruber, CPA
9:10 – 10:00 am 50 minutes GASB Overview: 91, 94, 100 and 101 – Government Services Partner, Ryan Domino, CPA
10:00 – 10:10 am 10 minutes Questions for Ryan
10:10 – 10:20 am 10 minutes BREAK
10:20 – 11:10 am 50 minutes GASB 96 SBITAs: Lessons Learned from GASB 87 – Government Services Partner, Kelly Telford, CPA and Senior Manager, Christian Townes, CPA
11:10 – 11:20 am 10 minutes Questions for Kelly & Christian
11:20 – 11:30 am 10 minutes RAFFLE TIME
11:30 – 12:30 pm 1 hour LUNCH BREAK
12:30 – 1:20 pm 50 minutes Panel of Peers: How Some Local Governments are Addressing Staffing Shortages in New Ways – Government Services Partner, Brandon Young, CPA and Panel
1:20 – 1:30 pm 10 minutes Questions for Brandon & Panel
1:30 – 1:40 pm 10 minutes BREAK
1:40 – 1:50 pm 10 minutes RAFFLE TIME
1:50 – 2:40 pm 50 minutes Automation is Here: What Process Automation Is and Where to Start Your Journey – Technology Consulting Partner, Gail Gray, CPA and City Manager of Town of Pecos City, Charles Lino
2:40 – 2:50 pm 10 minutes Questions for Gail & Charles
End by 3:00 pm 10 minutes WRAP UP
Get a Sneak Peek at Your Presenters







FAQs







Yes! 4 CPE credits will be provided to those that meet the requirements. If you are watching the presentation virtually via Zoom livestream, you MUST answer ALL of the polling questions to be considered in compliance.
The Client Training that is mentioned in our contracts is specific to one-on-one training. Because the GASB Update is an external function that we are offering to the public, it is not considered training under our current client contract.
Yes! Both the live session & virtual Zoom live stream cost $95 per attendee. Group watching is not permitted. You are able to sign up more than 1 person at a time, but you need to pay for each attendee.
Course Objectives







Participants will gain an understanding upcoming GASB Updates, GASB 96 implementation strategies, and advice on increasing efficiencies in your finance department from LSL and your peers.
GASB Overview: 91, 94, 100 & 101 | Ryan Domino, CPA
They will learn how to properly account for:
- Changes to the disclosure requirements in GASB 91.
- Public-Private and Public-Public Partnerships in GASB 94
- Error Corrections, changes in accounting principles, change in the reporting entity and changes in accounting estimates in GASB 100.
- What types of leaves makes up compensated absences, how to calculate it, and changes in the disclosure requirements in GASB 101.
GASB 94 SBITAs: Lessons Learned from GASB 87 | Kelly Telford, CPA & Christian Townes, CPA
They will learn how to properly account for the government auditing standard GASB 94 SBITAs.
Panel of Peers: How Some Local Governments are Addressing Staffing Shortages in New Ways | Brandon Young, CPA & Panel of Local Government Leaders
They will be able to:
- Take away applicable ideas to take back to their department that will create more time for staff during staffing shortages and turnover.
Automation is Here: What Process Automation Is and Where to Start Your Journey | Gail Gray, CPA and Charles Lino
They will be able to:
- Understand what process automation is.
- Recognize processes in their departments that can qualify for process automation.
Accounting and finance department team members.
None.
4.0 Auditing – Governmental
“Group Internet Based” – provided in accordance with NASBA’s Guidelines and in person event. The in person live event was livestreamed via Zoom Webinar.
A full refund will be issued if cancellation is made 7 days prior to event – April 27, 2023. Cancellations after April 27 will not be refunded. Should this event be cancelled, LSL will issue a full refund.

