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Financial Reporting Insights

GASB proposes implementation guidance

The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.


Financial Reporting Insights

Proposed updates to ASC 842

The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.












Financial Reporting Insights

GASB proposes omnibus statement

In July, the GASB issued an Exposure Draft to propose guidance addressing various accounting and financial reporting issues.