Title of Session or Presentation:

GASB 101: Compensated Absences

Description of Session:

Please join us for a practical briefing on GASB 101: Compensated Absences. We’ll explain why the standard was issued, what changed from GASB 16, and how the unified recognition-and-measurement model applies across vacation, sick, floating holidays, and parental leave (including unlimited-PTO). Through clear examples and simple calculations, we’ll cover the “more-likely-than-not” threshold, measuring at current pay plus salary-related costs, and splitting liabilities between current and long-term. We’ll also include an open discussion of real-world challenges others have faced during implementation—and the solutions that worked. 

Speakers:

Joshua Giosa, CPA

Speaker Bios:

Joshua began his accounting career at Price Paige & Company in January 2007 after graduating from California State University, Fresno. In June 2005, he received a Bachelor of Science in Business Administration with an option in Accountancy and became a Certified Public Accountant in 2013.

Joshua is a partner for many of the firm’s municipal audits and all its consultation clients. Although his governmental auditing background dates to 2007, since 2011 he has worked almost exclusively with governmental agencies, including the planning, performing, and reviewing of financial statement audits, which often also includes the compilation of their financial statements. He has performed and overseen substantial grant compliance work on both federal and state programs, has conducted several single audits, and has prepared numerous State Controller reports.

Beginning in 2017, Joshua shifted his focus from auditing to advisory governmental agencies, including counties, municipalities, and special districts. During this time, he has worked very closely with finance department personnel to support their primary objective of providing timely and accurate information to the decision-makers of a given entity. Responsibilities have included assisting clients with closing their financial records and preparing audit schedules in preparation for their annual audits, preparing monthly bank reconciliations and any other reconciliations requested by management for internal purposes, providing guidance for implementing new accounting pronouncements, and providing guidance for improving internal controls. Additionally, he has assisted municipalities in implementing new accounting software and developing a new chart of accounts and fund structures. Joshua has extensive knowledge of the Government Accounting Standards Board pronouncements and has assisted his clients in the most complex of transactions. His background also includes significant experience auditing not-for-profit entities and 401(k) pension plans. Joshua has expertise in the use of IDEA data analysis software and has used this software to conduct fraud detection procedures as a part of the many municipal audits he manages. 

Registration Deadline:

Monday, November 10, 2025

Registration Fee:

Members $30, Non-Members $35

This meeting qualifies for 1 Technical CPE