AICPA-CIMA Government & Not-for-Profit Training Program: Who’s in My Financial Reporting Entity?

On October 18th, 2023, CRI Partner Dean Michael Mead presented at AICPA-CIMA Government & Not-for-Profit Training Program in MGM Grand, Las Vegas. The session: "Who's in My Financial Reporting Entity?" comprehensively covered the GASB guidance regarding which legally separate organizations should be included in a state or local government's financial statements. The session covered the criteria for determining whether an organization such as school district, economic development authority, or fundraising association is a component unit in government's financial reporting entity. The session also addressed how component units should be reported in the financial statements, notes, and supporting information.