IAR25: Compensated Absences and Other GASB Topics

IAR25: Compensated Absences and Other GASB Topics

This session addresses recent GASB pronouncements and proposed guidance in the pipeline. This includes compensated absences, financial reporting model changes, endowments, and more.

CPE Available: 1.5 Credits in Accounting Governmental

Each individual must register and attend separately to earn credit.

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NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org


Event Information

  • Level: Intermediate
  • Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
  • Advanced Preparation: None
  • Delivery Mode: Group internet based
  • Field of Study: Accounting Governmental
  • Length: 75 minutes

Steps to Earn CPE Credit

To earn CPE credit, you must attend the session live. CPE credit cannot be earned for watching the recording. 

After the session ends, you will complete the following steps under the Content tab: 

  1. Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session. 
  2. Submit the CPE check-out code displayed at the end of the session. 
  3. Download your CPE certificate. 

You have until 5 pm Eastern Time on Monday, February 3, 2025, to complete these three steps or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.

Shea Bryant

Manager of Financial Reporting

Michigan State University

Shea Bryant has been the manager of financial reporting at Michigan State University for six years after over seven years at Plante Moran where he focused on higher education institutions. Bryant’s department is in charge of preparing the year-end financial statements and implementing new GASB standards as they are issued. Bryant is a member of the NACUBO accounting principles council.

Teresa Edwards

Controller, System Office of Budgets and Accounting

Texas A&M University System

Teresa Edwards, CPA, is an experienced accounting professional with over 35 years of experience issuing and compiling financial statements, analyzing accounting standards, reengineering business processes, testing accounting systems, and managing teams of professionals. Edwards has been the controller at the Texas A&M University system office since 2011. In this role, she is responsible for the oversight of the system office accounting operations, interpreting the impact of new accounting standards to the 24 Texas A&M institutions/agencies, compiling the consolidated annual financial report, assisting IT system enhancements on the accounting system and various other reporting requirements. Edwards also worked at the Florida Department of Financial Services and the Texas Comptroller’s Office. Prior to governmental accounting, she worked in corporate accounting and worked for a CPA firm in the Houston area. Edwards is a graduate of Texas A&M University.

Karl Strauss

Controller

Oregon State Lottery

Karl Strauss recently joined Oregon State Lottery as the controller. Most recently he served as the accounting director at Oregon Health and Science University while serving on the NACUBO Accounting Principles Council, and has 13 years of higher education experience including years with St. Bonaventure University as the director of finance and controller. He is a chartered financial analyst (CFA), certified public accountant (CPA), and certified healthcare financial professional (CHFP) and prior to higher education, he held a career in investment management.

Key:

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IAR25: Compensated Absences and Other GASB Topics
01/30/2025 at 11:00 AM (EST)  |  Recorded On: 01/31/2025  |  74 minutes
01/30/2025 at 11:00 AM (EST)  |  Recorded On: 01/31/2025  |  74 minutes The Zoom room will open 15 minutes before the start time. To enter the room, click “Enter Session.”