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GASB Update: What Statement 67 Means to You

Sikich

Jan 26 2015

1 min read

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.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Sikich

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.