Preparing for GASB 103: What School Districts Need to Know
Complimentary Webinar | August 27, 2026 | 1:00 PM ET
Fiscal year 2026 introduces new updates to governmental financial reporting requirements for Pennsylvania school districts.
GASB Statement No. 103, Financial Reporting Model Improvements, is effective for fiscal years ending June 30, 2026, and brings changes to Management's Discussion and Analysis (MD&A), proprietary fund reporting, budgetary comparison information, and other key elements of the financial statements.
Join Matt Wildasin, CPA, Principal, and Senahid Zahirovic, CPA, Principal, for a practical discussion designed specifically for school district finance leaders. Drawing on their extensive experience serving school districts and career and technical centers, they'll provide implementation considerations, preparation tips, and insights into how these changes may affect your district's financial reporting process.
Key Learning Objectives
Understanding GASB 103
- New MD&A requirements and the shift toward more analytical reporting
- Changes to budgetary comparison schedules and related disclosures
- Proprietary fund statement presentation updates
- Unusual and infrequent item reporting considerations
- Practical steps districts can take now to prepare for implementation
Who Should Attend
- School Business Managers
- Chief Financial Officers
- Finance Directors
- Business Office Personnel
- District Administrators involved in financial reporting
