myCPE
myCPE

GASB Updates: 2024 1 Credit

Oct 28, 2024, 09:30 AM ET

GASB Updates: 2024 1 Credit

  • Rating

    4.4
  • Published on

    November, 2024
  • Subject Area

    Accounting (Govt.)

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Oct 28, 2024, 09:30 AM ET

Learning Objective

  • Be able to identify which recent GASB pronouncements are now in effect.
  • Discuss the basics of the length of the term with GASB 96.
  • Identify GASB projects that may have an effect on your organization.
  • Recall the major components of leave in GASB 101.
  • Review what GASB is working on so you can prepare now.

Course Overview

Are you involved in government accounting or audit? Are you grappling with the latest Governmental Accounting Standards Board (GASB) updates and their implications? This online CPE Course is tailored for you!

In this CPE course we will delve into recent GASB pronouncements such as GASB 94 and GASB 96, which address public-private partnerships and subscription-based information technology arrangements (SBITAs), respectively. These updates require governments to recognize liabilities and assets associated with these arrangements, impacting financial disclosures and necessitating collaboration with procurement and IT departments. 

This CPE webinar will highlight GASB projects, including GASB 101 on compensated absences and GASB 102 on certain risk disclosures. These new standards will introduce significant changes in how governments account for leave liabilities and disclose risks related to concentrations and constraints. By understanding and preparing for these changes, financial professionals can ensure their organizations remain compliant and well-positioned to handle the complexities of public sector financial reporting.

Join us to stay ahead in understanding the evolving GASB landscape and ensure you're well-prepared to handle the accounting modifications associated with adopting these new standards.

For more Accounting & Auditing Govt. Courses, Click here.

Key topics discussed:

  • GASB themes
  • Recent GASB pronouncements
  • Recent GASB pronouncements that are in effect in future years
  • Deep dive into GASB 101 - Compensated Absences
  • GASB 102 Certain Risk Disclosures
  • GASB projects on the horizon

On Demand Credits for All Qualifications

Nano Credits for All Qualifications

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Accounting (Govt.) for Certified Public Accountants (CPA-US) 1 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 1 CPE Eligible
Accounting (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 1 CPE Eligible
Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting (Govt.) for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Certified Controls Specialist (CCS) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
License details Credits Status
Accounting (Govt.) for Certified Public Accountants (CPA-US) 1 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 1 CPE Eligible
Accounting (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 1 CPE Eligible
Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting (Govt.) for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Certified Controls Specialist (CCS) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
License details Credits Status
Accounting (Govt.) for Certified Public Accountants (CPA-US) 1 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 1 CPE Eligible
Accounting (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 1 CPE Eligible
Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting (Govt.) for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Certified Controls Specialist (CCS) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
License details Credits Status
Accounting (Govt.) for Certified Public Accountants (CPA-US) 1 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 1 CPE Eligible
Accounting (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Accounting for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 1 CPE Eligible
Green Book (Government) for Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Accounting (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Accounting (Govt.) for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Green Book (Government) for Certified Controls Specialist (CCS) 1 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 1 CPE Eligible

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Explore your career with MY-CPE online CPE Courses for CIA Professionals. Earn valuable CIA CPE credits while expanding your skills and knowledge from anywhere, anytime. Our courses cover a wide range of topics relevant to your field, ensuring you stay up-to-date with the latest developments. With flexible scheduling and expert-led content, MY-CPE provides a convenient and effective learning experience tailored to your needs. Join us today and take advantage of our comprehensive resources to propel your career forward. Let MY-CPE be your trusted partner in achieving your professional goals.

About Instructor

Shea Boothe
Shea Boothe

CFO/Controller, Concord University

  • 4.4
  • rating
  • rating
  • rating
  • rating
  • rating

Shea Boothe holds a CPA license in the State of West Virginia.  He also holds a Professional in Human Resources (PHR) certification.  He holds a Master of Professional Accountancy from West Virginia University and an Executive Certificate in Business Administration from Liberty University.  His undergraduate degree is in Business Administration from Concord University.  

Shea currently is the Controller of a public 4-year university, where he prepares the financial statements and manages budgetary control.  Previously roles include Budget Director, Assistant Controller, and Payroll Manager.  He has also taught courses at the collegiate level.  

He is an active member of the West Virginia Society of CPAs and the treasurer of the Concord University Alumni Association.  Shea is also 10-year volunteer of the IRS’s Volunteer Income Tax Assistance (VITA) program, helping prepare tax returns for underprivileged individuals.  

Shea’s professional interests and expertise include GASB accounting and the intersection of technology and accounting.  He is passionate about sharing knowledge with others and developing efficient and effective processes.  

In his free time, Shea enjoys traveling to multiple beaches along the eastern seaboard.  He also enjoys spending time with his nephews and his pet cat.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

DM

David Mischler, CPA (US)
5

The platform is very easy to use and there are so many options. I have really only just begun , but I love it so far.

KD

Kristina Davis, CIA
5

Great topic and easy to follow presentation

Recommended Courses

Current Fraud Trends - Shifting Risks and Changing Fraud Schemes

Dec 27, 10:00 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Fraud Trends – Applying Real-life Lessons to Small- and Mid-Size Entities

Dec 27, 12:00 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Mastering Schedules: Crafting Precise Equity, Depreciation, Debt, and More

Dec 27, 12:30 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Lean Accounting: A Beginner's Guide

Dec 27, 03:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
The Digital Asset Taxonomy: Standardizing the Language of Digital Assets

Dec 30, 09:30 AM ET

  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
The ESG Guide: Metrics That Make a Difference

Dec 30, 10:00 AM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here
Subscribed
Nicole purchased a subscription.
Subscribed
Erma purchased a subscription.
Subscribed
Dawn purchased a subscription.
Subscribed
Brittany purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
NUPARTH purchased a subscription.
Subscribed
Walter purchased a subscription.
Subscribed
Amber purchased a subscription.
Subscribed
Billi purchased a subscription.
Subscribed
Richard purchased a subscription.
Subscribed
Rachel purchased a subscription.
Subscribed
Reo purchased a subscription.
Subscribed
Jeffrey purchased a subscription.
Subscribed
Margaret purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Justin purchased a subscription.
Subscribed
Davis purchased a subscription.
Subscribed
Belen purchased a subscription.
Subscribed
Sook Chern purchased a subscription.
Subscribed
Yunhee purchased a subscription.
Subscribed
Ruhi purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
George Robert Grant purchased a subscription.
Subscribed
Eric purchased a subscription.
Subscribed
Cheryl purchased a subscription.
Subscribed
Kimberly purchased a subscription.
Subscribed
Cynthia purchased a subscription.
Subscribed
Julia purchased a subscription.
Subscribed
Martha purchased a subscription.
Subscribed
IRIS purchased a subscription.
Subscribed
Denise purchased a subscription.
Subscribed
MONIKA purchased a subscription.
Subscribed
Patricia purchased a subscription.
Subscribed
Philip J. Whitman purchased a subscription.
Subscribed
Kelsey purchased a subscription.
Subscribed
Koji purchased a subscription.
Subscribed
Mandy purchased a subscription.
Subscribed
Peggy purchased a subscription.
Subscribed
john purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
princess purchased a subscription.
Subscribed
Marcelo purchased a subscription.
Subscribed
Iuliia purchased a subscription.
Subscribed
Hilary purchased a subscription.
Subscribed
Stephen purchased a subscription.
Subscribed
Thao purchased a subscription.
Subscribed
Anthony purchased a subscription.
Subscribed
Carolyn purchased a subscription.
Subscribed
brian purchased a subscription.
Subscribed
nadia purchased a subscription.
Subscribed
Jessica purchased a subscription.
Subscribed
Max purchased a subscription.
Subscribed
david purchased a subscription.
Subscribed
PIOTR purchased a subscription.
Subscribed
TAMER purchased a subscription.
Subscribed
Ashley purchased a subscription.
Subscribed
Perry purchased a subscription.
Subscribed
Neeraj purchased a subscription.
Subscribed
MARIA DEL CARMEN purchased a subscription.
Subscribed
Marie purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Stone purchased a subscription.
Subscribed
Ricky purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Paul purchased a subscription.
Subscribed
Nathalie purchased a subscription.
Subscribed
Krupal purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Laura purchased a subscription.
Subscribed
Karlene purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
Robert Glenn purchased a subscription.
Subscribed
Chad purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Jaclyn purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
Elizabeth purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
SUSAN purchased a subscription.
Subscribed
Judith purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Theophilos purchased a subscription.
Subscribed
Svetlana purchased a subscription.
Subscribed
Kaitlin purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Timothy purchased a subscription.
Subscribed
Khaled purchased a subscription.
Subscribed
Hui purchased a subscription.
Subscribed
Bonnie purchased a subscription.
Subscribed
Jayne purchased a subscription.
Subscribed
EDWARD purchased a subscription.
Subscribed
Schyler purchased a subscription.
Subscribed
Stacy purchased a subscription.
Subscribed
Ngoc Bao Nguyen Tran purchased a subscription.
Subscribed
Joselyn purchased a subscription.
Subscribed
Keyur purchased a subscription.
Subscribed
Erica purchased a subscription.