The GASB has changed the term “comprehensive annual financial report” to “annual comprehensive financial report.”
Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.
A recent GASB Exposure Draft proposes a unified model for the recognition and measurement of all types of compensated absences.
A discussion of the accounting implications when a donor plans to use a donor-advised fund for a promise to give.
The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.
A PCAOB resource provides information for audit committees about new requirements for auditing estimates and use of specialists.