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FASB Proposes Changes to Lease Accounting Rules

FASB Proposes Changes to Lease Accounting Rules

The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
GASB issues omnibus statement

GASB issues omnibus statement

The Governmental Accounting Standards Board has issued an omnibus statement addressing a wide range of practice issues.
Smart cities: Digital transformation and municipalities

Smart cities: Digital transformation and municipalities

As technology evolves, more and more public sector entities are seeking to leverage it to solve some of their most vexing challenges.
Implementing GASB 87: Government entities learn from public companies

Implementing GASB 87: Government entities learn from public companies

Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.
GASB issues Exposure Draft regarding compensated absences

GASB issues Exposure Draft regarding compensated absences

A recent GASB Exposure Draft proposes a unified model for the recognition and measurement of all types of compensated absences.