With the July 1, 2019 implementation date fast approaching for the new GASB 84[1] accounting guidance for fiduciary activities, school districts in Michigan have been working through various issues ...
In 2024 alone, school districts in Tennessee, Louisiana, Florida and Indiana reported stolen student activity funds — totaling over $260,000 combined. Student activity funds are raised directly by ...
The Governmental Accounting Standards Board released an implementation guide Monday with questions and answers explaining GASB’s recently issued standards on accounting and financial reporting for ...
The AICPA issued separate Technical Questions and Answers on Thursday to provide nonauthoritative guidance in response to the amendment of Internal Revenue Code Sec. 163(j) and related to GASB’s ...