Government accounting

Pentagon officials nonetheless claimed significant progress in tracking its assets and correcting hundreds of deficiencies in its accounts.

The board has issued an accounting standard for governments around the world to use for reporting on retirement plans.

The ACCA, IFAC and the INTOSAI Development Initiative are teaming up on guidance on sustainability reporting and assurance for the public sector.

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

The international public-sector accounting board released its proposed consultation paper for its strategy and work program over the next five years.

The board floated a proposal to set requirements for some types of capital assets to be disclosed separately for purposes of note disclosures.

The board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

The board added a project to deal with issues related to subsequent events for state and local governments.

Forvis added Thales Consulting; and RSM South Africa merged in Ngubane Johannesburg.

The Governmental Accounting Standards Board released implementation guidance to clarify, explain and elaborate on its GASB statements, using a series of questions and answers.