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