GASB’s Statement No. 67, Financial Reporting for Pension Plans, and Statement No. 68, Accounting and Financial Reporting for Pensions, both replaced 17-year-old pension standards and made significant changes to accounting and financial reporting. One of these changes will now record and display the net pension liability on the county’s Statement of Net Position.

A must for county auditors and financial staff and those responsible for employee pension benefits, this course will cover expanded disclosure requirements and actuarial valuation requirements.  Other topics include: financial reporting for government agencies and pension plans; total pension liability and net pension liability; published financial statements of a county and of a pension plan; and the  actuarial valuation requirements, including the Annual Required Contribution. Course eligible for CPE credits for Certified Public Accountants.

Instructor: Gary M. Caporicci, CPA CGFM is a senior partner and co-founder of Caporicci & Larson, Certified Public Accountants.