Northern Trust Logo
 
 
 


Spotlight on GASB Guidance

 

Northern Trust recently hosted a webinar—Spotlight on GASB Guidance—that included an interactive session about recent publications, projects and implementation guidance from the Governmental Accounting Standards Board (GASB), as well as insight into how we analyze accounting guidance to support trust/custody client reporting. Some of the focus areas included:

  • Accounting requirements related to fiduciary activities (GASB 84), pensions (GASB 78 and 82), other postemployment benefits (GASB 74 and 75) and external investment pools (GASB 79)
  • Selected topics from recent GASB implementation guidance, including income recognition from noninterest-bearing investments, categorization within the fair value hierarchy of investments in an external investment pool, and others
  • Current GASB projects, including planned improvements to the financial reporting model
  • The activities of Northern Trust's Technical Accounting Consulting team to stay current with changes in accounting standards and how we assist with your accounting and reporting needs

If you were unable to attend the live session, a recording of the webinar and corresponding slides are available.

 
Robert Angel

Robert Angel

Head of Regulatory Services, Product Solutions Group, EMEA
person icon
View Profile
.
+44 (0)20 7982 2637
.
Hide Profile
Robert Angel

Robert Angel

Head of Regulatory Services, Product Solutions Group, EMEA
 
Robert joined Northern Trust in September 2013 as head of Regulatory Services, Product Solutions Group, EMEA. The Regulatory Services team acts as a consolidated point of contact on our portfolio of regulatory projects, with responsibility for regulatory client communication, and the services and products that Northern Trust can offer our clients in the regulatory space.
 
Prior to joining Northern Trust, Robert spent over 16 years at Merrill Lynch (now Bank of America Merrill Lynch) in Prime Brokerage and during this time ran the hedge fund client service, client consulting, product development and client on-boarding teams.

 

 

©2017 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For legal and regulatory information about individual market offices, visit northerntrust.com/disclosures.

This information is not intended to be and should not be treated as legal advice, investment advice, or tax advice. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal or tax advice from their own counsel. The information in this report has been obtained from sources believed to be reliable however Northern Trust accepts no liability in respect of the accuracy and completeness of this information. All information contained herein is subject to change at any time without notice. Any person relying upon information in this report shall be solely responsible for the consequences of such reliance.