NACUBO Weighs In on Major GASB Projects
NACUBO supported the Governmental Accounting Standards Board’s proposed financial reporting model changes and offered suggestions to improve complex and concerning proposed changes to categorizing revenue and expense transactions.
GASB Proposal Addresses Compensated Absences
A new Governmental Accounting Standards Board exposure draft explains requirements for recognizing and measuring compensation-related liabilities. Comments are due June 4.
NACUBO Issues HEERF Program Grants Accounting Tutorial
The new tutorial provides HEERF I, II, and III background and revenue recognition guidance under FASB and GASB standards.