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How to Prepare GASB 34 Fund Financial Statements
October 4, and December 4, 2018

Course Description
Last Updated: March 19, 2018

Course Description


Registration Form

Directions to Class


The Abrahams Group and the Massachusetts Association of Regional Schools (MARS) are pleased to announce the next How to Prepare GASB 34 Fund Financial Statements Class will be conducted on Thursday, October 4, 2018 and Tuesday, December 4, 2018 at the Assabet Valley Regional High School. This class is offered to municipal and school officials and private sector individuals and related staff that desires a basic course in preparing GASB Fund financial statements.

With SAS 112 and 115, it is important for you to have a working knowledge of your financial statements. This class will teach you how to tweak the E&D and Free Cash Balance Sheet to prepare your GASB 34 Fund Perspective Balance Sheets. By preparing these balance sheets, you will have the template and the knowledge to prepare these statements in subsequent years, while reducing your audit fee permanently going forward. Then we will discuss other fund statements and the Government Wide Statements and the Management's Discussion and Analysis (MD&A).

This class will cover:

  • Free Cash and E&D Balance Sheet Review
  • GASBS No. 34 Fund Perspective Statements
    • Governmental Funds balance sheets, Statement of revenues, expenditures and changes in fund balances, and the Budget to Actual Comparison statements
    • Proprietary Funds Statement of Net Assets, Statement of Revenues, Expenses and Changes in Net Assets, and Statement of Cash Flows
    • Fiduciary Funds Statement of Fiduciary Net Assets and Changes in Fiduciary Net Assets
    • Reconciliations to the government wide statements
  • Overview of GASBS No. 34 Government Wide Statements
    • Statement of Net Assets
    • Statement of Activities
  • Overview of Management’s Discussion and Analysis (MD&A)
Dates: Thursday, October 4, 2018, 8:30 am to 12:00 pm
Tuesday, December 4, 2018, 8:30 am to 4:00 pm

Assabet Valley Regional High School, Marlborough, MA


CPE Credit Hours:



Mark D. Abrahams, CPA
Steve Hemman, MARS



For more information, please contact Mark D. Abrahams at 508 788-9172 or at or complete the online registration form.

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