Browse By

Ideas & Insights

 






Financial Reporting Insights

GASB proposes implementation guidance

The Governmental Accounting Standards Board has proposed guidance that clarifies, explains or elaborates on recent standards.


Financial Reporting Insights

Gaming – Audit and Accounting Guide

The American Institute of Certified Public Accountants Audit and Accounting Guide, Gaming, was recently updated.



Financial Reporting Insights

2018 revisions to the Yellow Book

The U.S. Government Accountability Office recently issued the 2018 revision of Generally Accepted Government Auditing Standards.



Financial Reporting Insights

OMB issues 2018 Compliance Supplement

The OMB recently issued the 2018 Compliance Supplement, which is effective for audits of fiscal years beginning after June 30, 2017.







Financial Reporting Insights

OMB issues 2017 Compliance Supplement

The recently released 2017 OMB Compliance Supplement applies to Single Audits of periods beginning on or after July 1, 2016.



Financial Reporting Insights

Proposed disclosures related to debt

The GASB recently issued a proposed Statement intended to improve financial statement disclosures related to debt.


Financial Reporting Insights

Accounting for leases

Statement 87 establishes a single model for lease accounting by state and local governments, with limited exceptions.