The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.
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Implementation Guide No. 2017-1, Implementation Guidance Update—2017, discusses a broad range of issues, including the standards on pensions, cash flow statements, financial reporting entities, investments, fund balances, external investment pools, and tax abatements. The guide also updates some of GASB’s previously issued implementation guidance.
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