Government Accounting


The Federal Accounting Standards Advisory Board issues Technical Bulletin 2002-2, Disclosures Required by Paragraph 79(g) of SFFAS 7, Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting ( www.fasab.gov/pdf/tb20022.pdf ). The bulletin explains to users, preparers and auditors what disclosures a federal financial reporting entity should make to comply with Statement 7 when issuing financial statements for a given fiscal year before the U.S. government publishes the actual amounts for that period.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.