GRS Insight Newsletter
Good summary of the changes published by Gabriel Roeder Smith and Co.

Volunteer Fire Pension Plans Determination Letter
Letter from the Colorado Office of the State Controller
RE: To what extent the impact of GASB Statement No. 68 may have on the Volunteer Fire Pension Plans funded by State contributions to FPPA through the Department of Local Affairs.

Implementation Guide - PDF guide to assist employers with the GASB 68 Implementation.

Journal Entry Excel Spreadsheet Templates - Excell templates to assist employers in recording the NPL/(NPA), Pension Expense and related Deferred Inflows & Outflows of Resources using reports provided by FPPA. These templates are a tool and should be reviewed by each user carefully for reasonableness and accuracy throughout.
Journal Entry Template - Implementation Year (Excel Spreadsheet)
Journal Entry Template - Year 2 and Beyond (Excel Spreadsheet)

Video & PDF Guides - for how to read the GASB 68 Report.
Ahni Smith, FPPA Accounting Director
Statewide Defined Benefit & Statewide Hybrid Plans
for Employer Reporting Period Ending December 31, 2020 (Audio begins on Slide 2)
Video
PDF

Dana Woolfrey, FSA, MAAA - GRS | Gabriel Roeder Smith & Co.
Volunteer Plans - for Employer Reporting Period Ending December 31, 2022
Video
PDF
Old Hire Plans - for Employer Reporting Period Ending December 31, 2022
Video
PDF

• P2F2 Pension Communication Resources
• Governmental Accounting Standards Board (GASB) Website
• GASB Toolkit
• GASB Website:
  • Statement No. 67 – Financial Reporting for Pension Plans
  • Guide to Implementation of FASB Statement 67 on Financial Reporting for Pension Plans – Q & A
  • Statement No. 68 - Accounting and Financial Reporting for Pensions
  • Guide to Implementation of GASB Statement 68 on Accounting and Financial Reporting for Pensions
  • Statement No. 71 – Pension Transition for Contributions Made Subsequent to the Measurement Date
  • Statement No. 82 – Pension Issues—An Amendment of GASB Statements No. 67, No. 68, and No. 73
  • Statement No. 74 – Financial Reporting for Post Employment Benefit Plans Other Than Pension Plans
  • Statement No. 75 – Accounting and Financial Reporting for Post Employment Benefits Other Than Pensions
  • Implementation Guides No. 2015 – 1 through 2017-1
  • Implementation Guide No. 2017-2 – Financial Reporting for Post Employment Benefit Plans Other Than Pension Plans
  • Implementation Guide No. 2017-3 – Accounting and Financial Reporting for Post Employment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting)
• GASB Facts
• Planning For New Pension Statements

All Plans

• AICPA - Article on Emerging Pension Issues - October 2015

Cost Sharing Multiple-Employer Plans

• Single-Employer and Cost Sharing Multiple-Employer Plans: Issues Associated with Testing Census Data in an Audit of Financial Statements
• Governmental Employer Participation in Cost-Sharing Multiple-Employer Plans: Issues Related to Information for Employer Reporting
• Interpretation — “Auditor of Participating Employer in a Governmental Cost-Sharing Multiple-Employer Pension Plan,” of AU-C section 500
• Interpretation — “Auditor of Governmental Cost-Sharing Multiple-Employer Pension Plan,” of AU-C section 805

Agent Multiple-Employer Pension Plans

• Interpretation - "Auditor of Governmental Agent Multiple-Employer Pension Plan," of AU-C section 805, Special Considerations - Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement
• Interpretation - "Auditor of Participating Employer in a Governmental Agent Multiple-Employer Pension Plan," of AU-C section 500, Audit Evidence

---

V.12.19