The Academy for New York State's Local Officials

Accounting and Reporting Update

GASB Statement 84 changes how local governments account for fiduciary activities. This webinar will provide an overview of GASB Statement 84, as well as guidance on identifying fiduciary activities for accounting and financial reporting purposes. The webinar will also discuss how local governments and school districts will need to account for and report these activities in the Annual Update Document (AUD) and the ST-3.