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The 50 states have accumulated a combined $1.5 trillion in debt related to pension and other post-employment benefits, while elected officials claimed balanced budgets.October 8
CEOTruth in Accounting -
The Governmental Accounting Standards Board proposed accounting and financial reporting guidance for state and local governments to help them transition away from the London Interbank Offered Rate to newer reference rates.September 26
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The Federal Accounting Standards Advisory Board staff released an exposure draft of a technical bulletin that would clarify the existing standards for loss allowances.September 5
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The exposure draft offers standards for how governments can account for monetary gold and currency in circulation.August 27
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The Federal Accounting Standards Advisory Board has issued an interpretation of some recent standards involving cost provisions among multiple entities who are liable for cleanup costs.August 21
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The Governmental Accounting Standards Board has released questions and answers about the recent standard on accounting and financial reporting for leases by state and local governments.August 15
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The omnibus exposure draft addresses a variety of issues identified during the implementation and application of different pronouncements.July 9
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The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code.June 28
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The Governmental Accounting Standards Board released an implementation guide Monday with questions and answers explaining GASB’s recently issued standards on accounting and financial reporting for fiduciary activities.June 18
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The Governmental Accounting Standards Board has proposed some new guidance on the accounting and financial reporting for public-private and public-public partnership arrangements, along with availability payment arrangements.June 13
