GASB 84 – Fiduciary Activities Workshop

Fri, Jun 14, 2019, 8:30am - 12:00pm

Advanced Training - Level 300-400


Best Western Okemos/East Lansing Hotel and Suites
2209 University Park Dr.
Okemos, MI 48864

The GASB has changed the way governments will identify and report fiduciary activities beginning 12/15/2019. Learn how the GASB is defining who “controls” assets, which existing funds may no longer be reported as fiduciary activities, and which new funds may be included in the future. There is also a new fiduciary fund type (Custodial Funds) and financial statement coming, which may require configuration changes within your accounting software now in order to be ready for year-end reporting. Join us as we walk through a variety of real-world examples and complete practical, hands-on exercises to prepare for this important new standard.


By May 31, 2019 June 1 and After
Member $70 $95
Non-Member $95 $115



Stephen Blann is a Principal (Owner) with Rehmann Robson, LLC, where he serves as the firm’s Director of Governmental Audit Quality. Stephen has been with Rehmann since 1995, during which time he has specialized exclusively in the governmental and not-for-profit sector, serving as an auditor, consultant, and contracted CFO to a wide range of governmental and not-for-profit clients. He has served for fifteen years as an advisor to the GFOA’s Standing Committee on Accounting Auditing and Financial Reporting, and as a board member for his local chapter of the AGA and the Michigan GFOA. He is also a past member of the AICPA’s State and Local Government Expert Panel.

Stephen is a Certified Government Financial Manager (CGFM), a Chartered Global Management Accountant (CGMA), and a frequent speaker for a variety of professional organizations across the country.

Stephen resides in Grand Rapids, MI with his wife (Beccy) and two children.


The program will begin promptly at 8:30am. Please arrive with ample time to get checked in and settled.

  1. Overview of GASB 84 
    1. Purpose and applicability
    2. Effective date
  2. Identifying “fiduciary activities”
    1. Terminology and definitions
    2. GASB’s flowcharts
    3. MGFOA’s Position Paper
  3. Break (10 minutes)
  4. Reporting fiduciary funds
    1. Fiduciary fund types
    2. Statement of Fiduciary Net Position
    3. Statement of Changes in Fiduciary Net Position
  5. GASB’s implementation guidance
  6. Workshop exercises
    1. Using the flowchart
    2. Sample journal entries
  7. Q&A / group discussion

This seminar qualifies for 4 CPE credits. The CPE credits qualify for governmental accounting and auditing.

The registration fee includes instructions, printed materials and refreshments. Registration is limited, so please register early to reserve your spot.

Class size is limited. Pre-registration is required so we can notify registrants if unforeseen circumstances require us to cancel or reschedule a course. Please register early. Confirmations of registrations are sent via email. Registering online will make this process easier.  You may also check the status of your registration by clicking on “View Registrations” at Reservations made by mail, fax, or online, unless cancelled, will be considered a commitment to attend. No shows will be billed, since meeting and meal arrangements have to be made for all registrants.

Refunds will be made ONLY if MGFOA is notified by May 31, 2019. If you have registered and find that you cannot attend, you may transfer your registration to another person. Rates may vary based on membership status. Please notify MGFOA of this occurrence.

If you have a disability and need special accommodations or require a special diet, please notify MGFOA by checking the box on the registration form. We cannot accommodate such requests on the day of the program. Because we are not always able to control room temperatures, please wear layers of clothing for your comfort.