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GASB Update: What Statement 67 Means to You

INSIGHT 1 min read

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Sikich

A few years ago, the Governmental Accounting Standards Board (GASB) issued two new statements impacting how state and local governments report participation in pension plans. Is your government or pension plan aware of the changes taking place after the implementation of the first statement, GASB Statement No. 67 (GASB S-67), Financial Reporting for Pension Plans? Many in the industry incorrectly believe that GASB S-67 only impacts pension plans. This on-demand webinar will focus on the implementation issues faced by both the pension plans and the employers focusing on:

  • The primary impact of GASB S-67
  • What GASB now requires on employer reports
  • The detailed requirements for separate pension plan reports or for the employer if a separate plan report is not issues.

 

Author

From accounting, tax and assurance to technology and advisory, Sikich offers a unique formula of professional services to businesses and organizations across the country. By pairing subject matter expertise with the real-world experience gained as entrepreneurial leaders, we provide clarity to your complex challenges and solutions to strengthen every dimension of your business.