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Title of Session or Presentation(s)

GASB Statement No. 103, Financial Reporting Model Improvements

Gardenya Duran, CPA, CGMA; Demi Hite, CPA

Join us for a lively and CPE-eligible presentation on GASB Statement No. 103, Financial Reporting Model Improvements—because nothing says excitement like MD&A updates! Designed specifically for government finance professionals, this educational luncheon chapter meeting will provide a high-level overview of the changes coming to Management’s Discussion and Analysis (MD&A) and how they will impact upcoming governmental financial reporting. GASB 103 shifts MD&A away from boilerplate recaps and toward clearer, more analytical discussions of financial results and the real drivers behind year-to-year changes. In other words: less “copy and paste,” more meaningful storytelling with numbers. Attendees will gain insight into what content has been removed or streamlined, what new emphasis is now required—such as discussion of unusual or infrequent items and currently known conditions—and what these changes mean from both a preparation and governance perspective. Whether you are preparing financial statements, overseeing reporting processes, or simply trying to stay one step ahead of the next GASB implementation, this luncheon meeting will help you navigate the new requirements with confidence while transforming MD&A into a more effective communication tool for stakeholders. And yes, we promise to make accounting standards at least mildly entertaining.

Gardenya Duran, CPA, CGMA Partner – Rogers, Anderson, Malody & Scott, LLP Gardenya Duran, CPA, CGMA, is a Partner at Rogers, Anderson, Malody & Scott, LLP (RAMS), where she specializes in providing audit, accounting, and advisory services to California local governments and special districts. She has more than 15 years of experience in governmental accounting, with a focus on financial reporting, audit readiness, and the practical implementation of GASB standards. Ms. Duran works extensively with cities, water districts, joint powers authorities, and successor agencies on ACFR preparation, Management’s Discussion and Analysis (MD&A), capital assets, long term debt, and complex year end close issues. She regularly assists agencies in interpreting and applying new accounting guidance and translating technical requirements into clear, decision useful financial communication. Ms. Duran regularly provides direct, hands on training and technical guidance to local government management and finance staff, working closely with agency leadership on financial reporting requirements, audit expectations, and the practical application of new accounting standards. Demi Hite, CPA Manager - Rogers, Anderson, Malody & Scott, LLP Demi Hite, CPA, is a Manager in the Assurance & Advisory Department at Rogers, Anderson, Malody & Scott, LLP where she specializes in serving government and not‑for‑profit agencies. With more than five years of professional experience, Demi provides practical, insightful guidance to help agencies strengthen financial reporting, compliance, and transparency. Demi is known as an organized and solutions‑driven professional who is approachable and committed to supporting her clients and colleagues. She is an active member of the California Society of Municipal Finance Officers (CSMFO), California Society of CPAs (CalCPA), the American Institute of Certified Public Accountants (AICPA), and the Government Finance Officers Association (GFOA). Demi also serves as a GFOA ACFR reviewer for the Award for Excellence in Financial Reporting Program and has earned the AICPA’s Not‑for‑Profit Certificate I. Demi brings energy, passion, and a collaborative perspective to every training session, making complex topics clear, engaging, and relevant for today’s government and not‑for‑profit professionals.

Yes

Technical

1

Title of Session or Presentation(s)
Keep Your Cool: Getting Audit-Ready in the Desert

Speaker(s)
Jennifer Farr, CPA and Shannon Ayala, CPA- Davis Farr, LLP

Description of Session(s)
Audit season doesn’t have to feel like a heatwave. Join us for a practical and engaging session
designed to help finance professionals stay organized, confident, and prepared before the auditors arrive.

What We’ll Cover
• Key updates under GASB 103 & 104
• Practical audit strategies and internal review tips
• Ways to streamline documentation and reduce last-minute stress
• Best practices to help your team stay cool, calm, and audit-ready

Whether you’re deep in year-end prep or looking to strengthen your processes ahead of fieldwork, this session will provide actionable takeaways you can immediately apply. Don’t let audit season melt your workflow.

Come prepared to learn, collaborate, and keep your cool in the desert.

Speaker(s) Bio
Jennifer Farr, CPA
Jennifer Farr is a founding partner of Davis Farr LLP with almost 30 years of experience serving local governments and special districts. She is a CPA with two undergraduate degrees (Accounting and English) and a MBA. She’s a recognized leader in governmental accounting and a frequent speaker on new GASB standards. Jennifer’s superpower is making complex accounting feel clear, simple, and actually understandable.

Shannon Ayala, CPA
Shannon Ayala is a partner at Davis Farr LLP with nearly 25 years of experience auditing local
Governments and special districts. She is a CPA and earned her Bachelor of Science in Accounting from San Diego State University. Shannon’s superpower is making every client feel like they’re her only client.

This event qualifies for 1 Technical CPE

Title of Session or Presentation

Back to Basics; Approaches to Developing Cash Flow Projections, Diversified Investment Strategies, and Earnings Projections

PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Over the last few years, entities have experienced changes to their cash flows due to the pandemic, stimulus funds, and economic changes. During this session, we will introduce and explore key considerations in developing cash flow projections, investment strategies for different types of funds (including bond proceeds), and earnings projection analyses.