This book provides a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors. Key areas covered include: GASB 87, Leases; revenue recognition, including grants and contracts; risk assessment; and financial reporting.
Key topics include:
?iddot; Current GASB developments
?iddot; Audit issues related to GASB developments
?iddot; Recent GASB pronouncements and their impact on accounting and reporting
?iddot; Top advice from the AICPA?squo;s Technical Hotline and the GASB Technical Inquiry System
