The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for post-employment benefits other than pensions, such as retiree health care.
The guide also deals with some issues related to another standard, Statement No. 74, Financial Reporting for Post-employment Benefit Plans Other Than Pension Plans. The free downloadable guide is available through
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The Committee of Sponsoring Organizations of the Treadway Commission collaborated with the Association of Certified Fraud Examiners on the program.
The Financial Accounting Standards Board issued a proposed accounting standards update on debt exchange transactions involving multiple creditors.
Employers added only 62,000 jobs and annual pay grew 4.5% year over year, payroll processor ADP reported.
