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 has published guidance on what constitutes fiduciary activities for financial reporting purposes for state and local governments, how fiduciary activities ...

The Governmental Accounting Standards Board has posted a proposed implementation guide with a set of questions and answers about GASB’s new standards on accounting and financial reporting for ...

GASB on Wednesday issued a proposed concepts statement addressing recognition of financial statement elements as well as a call for feedback on preliminary views on revenue and expense recognition ...