Jun 20, 2019 | Government
Governmental Accounting Standards Board (GASB) has issued an Exposure Draft titled Public-Private and Public-Public Partnerships and Availability Payment Arrangements (fondly referred to as triple p). The ED provides guidance for PPP arrangements that are outside of...
May 29, 2019 | Accounting, Government
This blog addresses a new exposure draft issued by GASB relating to accounting and financial reporting for subscription-based information technology arrangements (SBITAs). Cloud computing arrangements and other hosting type services have become increasingly more...
Mar 27, 2019 | Accounting, Government
GASB has issued a Proposed Implementation Guide for Leases. The 49 pages include 80 new questions and 3 illustrations. GASB 87 is effective for reporting periods beginning after December 15, 2019. The standard will bring significant changes to financial statements....