What did governmental financial statements look like before government-wide reporting? Why was Management’s Discussion and Analysis introduced? How did GASB 34 transform the way governments communicate financial information? These are just a few of the topics we’ll revisit as we explore one of the most influential standards in GASB history.

Join LSL Manager Nicholas Keathley as he walks through the origins of GASB 34, discusses the reporting challenges it was designed to solve, and explains why its concepts continue to serve as the foundation for governmental financial reporting today.