Financial Reporting Resource Center: Public sector

Financial Reporting Insights articles

• Implementation guide on fiduciary activities
• FASB extends accounting alternatives to not-for-profit entities
• Updated Data Collection Form issued
• Revised reporting of conduit debt obligations
• Proposed accounting guidance for subscription-based IT arrangements
• Definition of "direct care" of collection items
• Actuarial valuation: New mortality tables for public-sector plans
• GASB releases implementation guidance
• Audit & Accounting Guide for not-for-profit entities updated
• FASB Staff Q&A regarding the accounting for grants
• Proposed guidance: Public-private and public-public partnerships
• FASB updates the definition of “collections”
• Proposed implementation guide on leases
• Amendments to municipal securities disclosure
• Proposed accounting alternatives for not-for-profit entities
• GASB proposes implementation guidance
• 2018 Effective Date Reminder
• Managing lease accounting for public and private higher education
• Clarifications to guidance on majority equity interests
  
• Changes to accounting for grants and contributions made and received
• Proposed revised reporting of conduit debt obligations
• 2018 revisions to the Yellow Book
• Updating the definition of "collections"
• OMB issues 2018 Compliance Supplement
• Interest cost incurred before the end of a construction period
• Audit & Accounting Guide for state and local governments updated
• GASB releases implementation guidance
• Donor-advised funds: Accounting implications related to pledges
• New disclosures related to debt
• Implementation Guide: Financial reporting for OPEB
• Definition of a public business entity: Additional guidance
• Proposed accounting for interest cost during construction
• GASB proposes implementation guidance
• Federal hurricane guidance
• OMB issues 2017 Compliance Supplement
• Proposed clarifying guidance for contributions received and made
• Proposed Implementation Guide: Financial reporting for OPEB
• Proposed disclosures related to debt
• Accounting for leases

White paper and other resources

• Changes to revenue recognition for not-for-profit organizations
• 2017 annual nonprofit accounting update webcast
• State and local government accounting update
• Not-for-profits: Important changes ahead
• UPMIFA drives accounting and reporting changes for endowments
• Audit committee guide for nonprofit organizations
• COSO and nonprofits – a practical approach to applicability
• GASB Statement No. 68, Accounting and Financial Reporting for Pensions
• Accounting and financial reporting for pensions

Related resources

• Not-for-profit industry practice
• Government industry practice