From the Chairman's DeskI’ll take a look at two of the major projects the GASB is working on in 2016—leases and fiduciary activities. I’ll also address how the Board works to ensure we issue new standards and proposals in a timely way while remaining cognizant of competing demands on your time.
What You Need to Know: LeasesThe Board’s recent Exposure Draft on leases is designed to more closely align the accounting and financial reporting for these transactions with their economic substance. This article provides a high-level overview of key aspects of the proposal.
- From the Chairman's Desk
- What You Need to Know: Leases
- A Deeper Dive
The Users Perspective: User Guide Series UpdateThe GASB staff is in the process of updating the User Guide Series. Each book in the series provides easy-to-understand explanations of governmental accounting and financial reporting topics.
SubscribeIf you are interested in receiving the GASB Outlook e-newsletter, click here to subscribe at no cost and tell us a little about yourself. All your contact information is kept confidential - we take your privacy very seriously.
GASB Meeting Topics (March 29-31, 2016)
- Certain Debt Extinguishments Using Existing Resources
- Financial Reporting Model Reexamination
- Irrevocable Split-Interest Agreements