GASB Update: Accounting Developments
Author: Catherine L. Staples.
Source: Volume 25, Number 01, Spring 2005 , pp.71-80(10)
< previous article |return to table of contents
Abstract:
The first half of 2004 proved very productive for the Governmental Accounting Standards Board (GASB), resulting in the issuance of three final statements, two Exposure Drafts (ED), and one Technical Bulletin (TB). In addition, deliberations progressed on such ongoing projects as derivatives and hedging, pollution remediation obligations, fund balances, securitizations and other transfers, and the conceptual framework for elements.Keywords: Financial Reporting For OPEB Plans: Statement 43; Measuring The Cost Of OPEB Plans: Statement 45; Addressing Financial Reporting Changes: Statement 44; Exposure Draft: Restricted Net Assets And Enabling Legislation; Technical Bulletin (Tb) No. 2004-1
Affiliations:
1: Randolph-Macon College.