GASB 103 may look like a straightforward update to the Financial Reporting Model—but once you start applying it to real financial statements, the questions begin quickly.

From unusual or infrequent items to changes in presentation and classification, GASB 103 has the potential to impact how governments organize, present, and explain financial information moving forward.

Join LSL Senior Manager Riley Greenlee, CPA, for a comprehensive deep dive into GASB 103. He will go beyond a high-level overview and walk through practical examples, reporting scenarios, and areas where governments may encounter challenges during implementation.

He’ll cover how to:

• Understand the major changes introduced by GASB 103
• Apply the updated Financial Reporting Model to real reporting scenarios
• Evaluate financial statement presentation and classification changes
• Identify unusual or infrequent items under the new guidance
• Prepare for implementation and audit-related impacts
• Avoid common reporting and documentation issues
• Improve year-end readiness before audit season begins