Three new GASB rules aim to unveil true government liabilities for retiree benefits.
GASB Accounting Requirements
GASB tackles fair value in state and local government reporting
New guidance issued by the Governmental Accounting Standards Board defines fair value and how it should be measured in state and local government financial reporting.
GASB pension changes: Are you ready?
GASB Statements No. 67 and No. 68 have created significant changes in pension accounting for state and local governments that affect financial statement preparers and auditors.
GASB gives preliminary views on leases, fiduciary responsibilities
The Governmental Accounting Standards Board issued “Preliminary Views” statements proposing changes for the way state and local governments account for leases—and for activities in which they have a fiduciary responsibility.
Features
FROM THIS MONTH'S ISSUE
Tax season quick guide
Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.
