À PROPOS DE CET ÉPISODE
In this first episode of Cherry Bekaert’s three-part podcast series on the Governmental Accounting Standards Board (GASB) Statement No. 103, Financial Reporting Model Improvements, co-hosts Danny Martinez, CFO Advisory Partner, and Scott Anderson, Audit Partner, are joined by Michael Brotherton, CFO Advisory Senior Manager.
Together, they discuss what is changing and what is being emphasized in the management’s discussion and analysis (MD&A). Insights include GASB’s reasoning behind these proposed changes and the surprises we’ve seen in early implementations.
Tune in to learn about:
- GASB’s purpose for the MD&A changes
- A detailed look at the new five-section criteria of the MD&A
- How governments are using GASB 103 implementation as a reason to refresh both the MD&A and annual comprehensive financial report (ACFR)
- How Cherry Bekaert is using AI to help governments comply with new MD&A requirements
- Examples GASB gives to help increase the quality of current known facts, decisions or conditions section
- One takeaway governments should know related to the MD&A and GASB 103
Our CFO Advisory team provides a comprehensive GASB 103 implementation offering that helps governments modernize their MD&A and fully comply with implementation requirements. Cherry Bekaert has a dedicated team of professionals who specialize in providing accounting advisory services for governments, equipping them with the confidence that their needs will not be put second to competing audit regulatory deadlines.
