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| gasb 75 implementation guide: Audit and Accounting Guide AICPA, 2018-06-15 With all the recent changes in state and local government audit and accounting, including changes to some of the more complex areas such as pensions and post-employment benefits other than pensions (OPEB), accountants and financial managers can't afford to be without the most current guidance. This authoritative guide provides complete coverage of audit and accounting considerations critical for both preparers and auditors. This edition includes two new schedules: Governmental Employer Participation in Single-Employer Plans: Illustrative Schedule of Pension Amounts and Report; and, Illustrative Notes to Schedule of Employer Allocations and Schedule of Pension Amounts. It also provides insights, comparisons, and best practices for financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, the elements of net position, accounting for fair value, municipal securities offerings, tax abatements and much more. |
| gasb 75 implementation guide: Guide to Implementation of GASB Statement 31 on Accounting and Financial Reporting for Certain Investments and for External Investment Pools , 1998 |
| gasb 75 implementation guide: Audits of Property and Liability Insurance Companies , 2000 |
| gasb 75 implementation guide: Governmental Gaap Guide Michael A. Crawford, D. Scot Loyd, 2008-11 |
| gasb 75 implementation guide: Wiley GAAP for Governments 2017 Warren Ruppel, 2017-07-17 The essential reference for governmental GAAP application Wiley GAAP for Governments 2017 provides the latest information on GAAP, with coverage designed specifically for government entities. With a focus on the practical rather than the academic, this book provides insightful, up to date implementation information and explanations of the important developments in governmental GAAP that have occurred in the past year. Exclusive coverage includes school districts, public authorities, and individual pension plans financial statements, with a disclosure checklist that helps preparers ensure compliance. Visual aids help facilitate the reader's understanding of the material, providing a comprehensive guide to financial reporting for governments at the state and local level. This reliable guide is an industry favourite for its accessibility, completeness, and relevance, helping readers achieve and maintain compliance with minimal burden. Governmental accounting standards are continuously being released, growing in complexity with each iteration. Wiley GAAP for Governments is updated annually to provide the most up-to-date information available, with thorough explanations and expert implementation advice. Get up to speed on the newest accounting pronouncements Understand how GAAP applies to government bodies and pension plans Refer to disclosure checklists designed specifically for government entities Study flowcharts, diagrams, and charts to gain a deeper understanding This user-friendly guide is organized for easy navigation, and designed to help preparers quickly find, understand, and apply the information they need. Expert guidance through the increasing complexity of preparation and implementation of relevant changes is what makes Wiley GAAP for Governments 2017 the reference financial professionals keep on their desks rather than on their bookshelves. |
| gasb 75 implementation guide: AICPA Audit and Accounting Guide State and Local Governments AICPA, 2017-09-25 With all the recent changes in state and local government audit and accounting, including changes to some of the more complex areas such as pensions and postemployment benefits other than pensions (OPEB), you can't afford to be without the most current guidance. This authoritative guide provides complete coverage of audit and accounting considerations critical for both preparers and auditors. This 2017 edition includes a new chapter on best practices for OPEB accounting, reporting, and auditing. It also provides insights, comparisons, and best practices for financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, the elements of net position, accounting for fair value, and much more. |
| gasb 75 implementation guide: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting United States. Federal Accounting Standards Advisory Board, 1996 |
| gasb 75 implementation guide: Guide to Implementation of GASB Statement 14 on the Financial Reporting Entity , 1994 |
| gasb 75 implementation guide: Audits of State and Local Governments Jack F. Georger, 2018-03-23 This title provides accountants with critical how-to guidance on planning, performing, and reporting on your audit engagements, including financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, and the elements of net position on audits of state and local governments. It covers newly issued accounting and auditing standards, pension and OPEB standards, going concern, fair value, and Yellow Book updates. It prepares accountants to Identify the latest principles of auditing and accounting for state and local governments. Identify new GASB standards. Review in detail auditing considerations including risk assessment, materiality, group audits, and performing and concluding the audit. Re-examine significant accounting transactions including financial instruments; revenues and receivables; capital assets; expenses/expenditures and liabilities; net position and financial statement reconciliations. Identify guidance for special-purpose governments like hospitals, schools district, transportation systems, colleges and universities and more. Prepare financial statements in accordance with a special purpose framework through review of illustrative auditor's reports. |
| gasb 75 implementation guide: Government Auditing Standards - 2018 Revision United States Government Accountability Office, 2019-03-24 Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision. |
| gasb 75 implementation guide: Financial Accounting for Local and State School Systems , 1981 |
| gasb 75 implementation guide: Guide to Implementation of GASB Statements 25, 26, and 27 on Pension Reporting and Disclosure by State and Local Government Plans and Employers Financial Accounting Foundation. Governmental Accounting Standards Board, 1997 |
| gasb 75 implementation guide: Financial and Accounting Guide for Not-for-Profit Organizations Malvern J. Gross, 2010-05-03 This Seventh Edition is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations. It contains discussions of the accounting and reporting guidelines for different types of organizations, complete guidance on tax and compliance reporting requirements, illustrated explanations of various types of acceptable financial statements, and much more!--Publisher's Website. |
| gasb 75 implementation guide: Handbook of Governmental Accounting Frederic Bogui, 2008-12-19 Demystifying a growing and dynamic field, Handbook of Governmental Accounting reflects the increasing complexity of this area, enabling readers to grasp the intricate accounting that is involved as government expenditures multiply and governments engage in progressively complex transactions. Drawing on the expertise of a distinguished group of cont |
| gasb 75 implementation guide: HBJ Miller Comprehensive Governmental GAAP Guide , 1993 |
| gasb 75 implementation guide: Guide to Implementation of GASB Statement 9 on Reporting Cash Flows of Proprietary and Nonexpendable Trust Funds and Governmental Entities that Use Proprietary Fund Accounting Financial Accounting Foundation. Governmental Accounting Standards Board, 1992 |
| gasb 75 implementation guide: Standards for Internal Control in the Federal Government United States Government Accountability Office, 2019-03-24 Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government. |
| gasb 75 implementation guide: Wiley GAAP for Governments 2018 Warren Ruppel, 2018-08-28 Discover the best practical application guide for those looking to satisfy governmental GAAP compliance rules Wiley GAAP for Governments 2018 is a comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities. Designed with the needs of the user in mind, this comprehensive resource presents the important developments in governmental GAAP during the past year. It is a thorough, reliable reference that financial professionals will consistently keep on their desks rather to refer to in their daily work. More and more governmental accounting standards, in growing complexity, continue to be issued. This reliable book, which guides preparers through the complexity of preparation and implementation of the relevant changes, is an industry favorite for its accessibility, completeness, and relevance, helping readers every year achieve and maintain compliance with minimal burden. Up-to-date, insightful, and practical implementation information about new accounting pronouncements Coverage of public educational institutions, public authorities and individual pension plans financial statements, which is not provided by competing books Contains a disclosure checklist for financial statements of governmental entities that will enable preparers to ensure all disclosures required by GAAP for governments have been made Utilizes flowcharts, diagrams, and charts to help facilitate the user's understanding of the material Written as a practical application guide instead of an academic reference Don’t wait until it’s time to start calculating and filing, get a jump-start on the new year with all of the latest developments in governmental GAAP with the new edition of the number one guide, Wiley GAAP for Governments 2018: Interpretation and Application of Generally Accepted Accounting Principles for State and Local Governments, 2nd Edition. |
| gasb 75 implementation guide: Governmental GAAP Practice Manual Michael A. Crawford, D. Scot Loyd, 2008-11 Governmental GAAP Practice Manual: Including GASB-34 Guidance demonstrates, in a detailed manner, how governmental entity can implement the complex standards established by GASB-34 and beyond through a worksheet approach. (A companion publication, Governmental GAAP Guide, discusses financial accounting and reporting standards necessary to prepare the basic external financial statements of a governmental entity.) The emphasis of Governmental GAAP Practice Manual is on the process of preparing financial statements. |
| gasb 75 implementation guide: Health Care Entities, 2019 AICPA, 2020-01-17 Considered the industry's standard resource, this guide will help accountants, auditors, and financial managers to understand the complexities of the specialized accounting and regulatory requirements of the health care industry. Updated for 2019, this edition has been prepared and reviewed by industry experts and provides hands-on, practical guidance for those who work in and with health care entities. A critical resource for auditors, this edition includes new accounting standards and relevant GASB and FASB updates (including those related to private companies). |
| gasb 75 implementation guide: Guide to Implementation of GASB Statement 3 on Deposits with Financial Institutions, Investments (including Repurchase Agreements) and Reverse Repurchase Agreements , 1991 This implementation Guide is intended to be both a learning tool and a ready reference tool. The material is presented in a question-and-answer format. Most of the Q & As were developed from technical inquiries on GASB statement no. 3, Deposits with financial institutions, investments, (including repurchase agreements), and reverse repurchase agreements, and GASB technical bulletin no. 821. Applying paragraph 68 of GASB statement 3. |
| gasb 75 implementation guide: State and Local Governmental Developments , 2000 |
| gasb 75 implementation guide: Wiley GAAP for Governments 2016: Interpretation and Application of Generally Accepted Accounting Principles for State and Local Governments Warren Ruppel, 2016-02-17 The essential reference for governmental GAAP application Wiley GAAP for Governments 2016 provides the latest information on GAAP, with coverage designed specifically for government entities. With a focus on the practical rather than the academic, this book provides insightful, up to date implementation information and explanations of the important developments in governmental GAAP that have occurred in the past year. Exclusive coverage includes school districts, public authorities, and individual pension plans financial statements, with a disclosure checklist that helps preparers ensure compliance. Visual aids help facilitate the reader's understanding of the material, providing a comprehensive guide to financial reporting for governments at the state and local level. This reliable guide is an industry favourite for its accessibility, completeness, and relevance, helping readers achieve and maintain compliance with minimal burden. Governmental accounting standards are continuously being released, growing in complexity with each iteration. Wiley GAAP for Governments is updated annually to provide the most up-to-date information available, with thorough explanations and expert implementation advice. Get up to speed on the newest accounting pronouncements Understand how GAAP applies to government bodies and pension plans Refer to disclosure checklists designed specifically for government entities Study flowcharts, diagrams, and charts to gain a deeper understanding This user-friendly guide is organized for easy navigation, and designed to help preparers quickly find, understand, and apply the information they need. Expert guidance through the increasing complexity of preparation and implementation of relevant changes is what makes Wiley GAAP for Governments 2016 the reference financial professionals keep on their desks rather than on their bookshelves. |
| gasb 75 implementation guide: Governmental GAAP Guide 1994 Larry P. Bailey, Larry P Bailey, Ph.D., C.P.A., 1993-12 |
| gasb 75 implementation guide: Audit and Accounting Guide: Health Care Entities, 2018 AICPA, 2018-11-28 Considered the industry's standard resource, this guide helps accountants and financial managers understand the complexities of the specialized accounting and regulatory requirements of the health care industry. Updated for 2018, this edition has been prepared and reviewed by industry experts and provides hands-on, practical guidance for those who work in and with health care entities. A critical resource for auditors, this edition includes new accounting standards and relevant GASB and FASB updates (including those related to private companies). Updates include: FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) FASB ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities FASB ASU No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities SAS No. 133, Auditor Involvement With Exempt Offering Documents GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting) GASB No. 83, Certain Asset Retirement Obligations |
| gasb 75 implementation guide: Wiley GAAP for Governments 2019 Warren Ruppel, 2019-11-26 The authoritative guide to governmental GAAP compliance, fully updated for 2019 Wiley GAAP for Governments 2019 is the definitive resource for accurate information on the latest pronouncements and guidelines applicable to state and local governments and entities. Designed as a practical application guide for professional users, this comprehensive resource provides expert coverage of all significant developments to governmental accounting principles over the previous year. Focusing on practical application, this essential guide provides detailed information on all relevant areas of GAAP including general and special revenue funds, capital project funds and debt service funds, derivative instruments, and many more. This book incorporates all of the pronouncements issued by the Governmental Accounting Standards Board (GASB) as well as proposed new statements or interpretations currently outstanding and relevant information on the GASB agenda for the upcoming year. Governmental accounting standards are continuously evolving, and practitioners must stay up to date with the latest changes if compliance is to be maintained. This invaluable guide offers in-depth guidance on GAAP standards, interpretation, applications, and procedures to help you: Keep pace with the latest accounting pronouncements Ensure compliance with all GAAP-required disclosure guidelines Understand how GAAP applies to school districts, public institutions, and individual pension plans Strengthen understanding of material with flowcharts, diagrams, and charts This efficiently organized guide enables users to locate, understand, and apply relevant information with ease. Wiley GAAP for Governments 2019 provides financial reporters with expert guidance and up-to-date information required to ensure compliance and lighten the workload. Highly regarded for its efficient and accurate coverage of material, this book is the definitive reference for financial professionals. |
| gasb 75 implementation guide: Fundamentals of Retiree Group Benefits Dale Yamamoto, 2015-06-30 Retiree group benefits have earned a reputation for being difficult to understand. Half retirement benefit and half group insurance – few professionals have mastered both fields. Complex finances blend the world of pension mathematics and health plan pricing. The purpose of this textbook is to provide the fundamental basics of all aspects of retiree group benefits—from goals and objectives of providing the benefit to the actuarial considerations of accounting and funding the programs. This one book contains everything pertaining to the subject of retiree group benefits. Its chapters cover the prevalence of the benefit, Medicare, plan design, funding and legal issues, accounting rules and actuarial methods and assumptions. |
| gasb 75 implementation guide: Public Budgeting Systems Robert D. Lee Jr., Ronald W. Johnson, Philip G. Joyce, 2020-10-12 Public Budgeting Systems, Tenth Edition is the most comprehensive and balanced treatment of the current state of budgeting throughout all levels of the United States government. Current and prospective public managers, accordingly, often succeed or fail in their careers based in large part on whether they are intelligent consumers of financial data and have an adequate understanding of the budget process. By providing a detailed overview of all budgeting and financial management, the book enables students to gain an appropriate understanding of a complex topic. |
| gasb 75 implementation guide: AASHTO Transportation Asset Management Guide American Association of State Highway and Transportation Officials, 2011 Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies. |
| gasb 75 implementation guide: Governmental Accounting and Financial Reporting Standards as of ... , 1996 |
| gasb 75 implementation guide: Wiley GAAP for Governments 2020 Warren Ruppel, 2020-07-20 A comprehensive guide to the accounting and financial reporting principles used by state and local governments As more governmental accounting standards are issued, preparers need clear guidance. The Wiley GAAP for Governments 2020: Interpretation and Application of Generally Accepted Accounting Principles for State and Local Governments guides preparers through the standards and their increasing complexity. This is a comprehensive guide to the accounting and financial reporting principles for state and local governments, as well as other government organizations. It has been written to address the needs of users and serve as a helpful resource. Wiley GAAP for Governments 2020 covers the key developments in governmental GAAP that occurred in 2019. Financial professionals can turn to this reliable reference for detailed information and guidance on implementing newly issued and revised standards. Charts and diagrams encourage enhanced understanding of the information. Practitioners will find that the book offers: Coverage of financial statements for school districts, public authorities, and pension plans Timely information about implementing accounting updates Content that stands as an application guide for practitioners Checklist for preparers to help ensure that all required disclosures are completed This thorough guide can help financial professionals successfully navigate the complexities of the latest governmental accounting standards. It is a practical resource for those who prepare the critical financial statements of government entities. |
| gasb 75 implementation guide: Government auditing standards guidance on GAGAS requirements for continuing professional education : by the Comptroller General of the United States. , |
| gasb 75 implementation guide: Miller Governmental GAAP Guide for State and Local Governments , 2001 |
| gasb 75 implementation guide: Health Care Entities, September 2017 AICPA, 2017-11-29 It is critical that auditors understand the complexities of the specialized accounting and regulatory requirements of the health care industry. This guide is considered the industry standard resource and the 2017 update contains practical, how-to guidance for accounting and auditing of health care entities. Prepared and reviewed by industry experts to provide hands on, practical guidance for those who work in and with health care entities, this 2017 edition includes relevant GASB and FASB updates (including those related to private companies), and auditor involvement with municipal securities findings. Further, SAS No. 133, Auditor Involvement With Exempt Offering Documents will be important in this industry. The clarification made by this standard will be very helpful to auditors in understanding their requirements related to public offering documents that include audited financial statements. |
| gasb 75 implementation guide: Accounting for Inventory and Related Property United States. Federal Accounting Standards Advisory Board, 1993 |
| gasb 75 implementation guide: AICPA Audit and Accounting Manual , 1996 |
| gasb 75 implementation guide: Codification of Governmental Accounting and Financial Reporting Standards as of ... Financial Accounting Foundation. Governmental Accounting Standards Board, 1999 |
| gasb 75 implementation guide: Cost Principles for Educational Institutions United States. Office of Management and Budget, 1979 |
| gasb 75 implementation guide: Accounting and Auditing Research Thomas R. Weirich, Thomas C. Pearson, Natalie Tatiana Churyk, 2020-09-29 Accounting and Auditing Research, 10th Edition prepares students and early-stage practitioners to use well-established research solutions in a broad range of practical applications, from financial accounting and tax planning, to investigating fraud and auditing various business problems. Emphasizing real-world skills development, this fully-updated textbook covers the current tools, techniques, and best practices in applied professional research and analysis. The authors provide comprehensive yet accessible coverage of the entire research process, explaining how to utilize major research databases and audit software packages in a clear and systematic manner. The tenth edition features carefully revised content designed to enhance effectiveness, increase readability, and strengthen learning and retention. The book’s classroom-proven pedagogy features expert tips for performing common research tasks, sidebar boxes that summarize and expand upon key concepts, and a variety of end-of-chapter exercises that reinforce the material and develop readers’ skills. |
| gasb 75 implementation guide: Codification of Governmental Accounting and Financial Reporting Standards as of .. , 1993 |
GASB Statement No. 75, Accounting and Financial Reporting for ...
Certain portions may include material copyrighted by American Institute of Certified Public Accountants or the Government Finance Officers Association.
GASB 75 & OPEB Frequently Asked Questions - Office of the …
Statement 75 requires local governments and school districts that prepare GAAP-compliant financial statements to report the total OPEB liability in the statement of net position in their …
NO. 367 NOVEMBER 2017 Governmental Accounting …
Implementation Guide No. 2017-3, Accounting and Financial Reporting for . Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting) …
Employer GASB 75 Information | Public School Employees' …
Release of the 2024 GASB 75 information as provided by PSERS, can be found on the Employer News page. Links to information about GASB 75: GASB Statement No. 75 (Accounting and …
Implementing GASB 75 Accounting and financial …
Jul 25, 2018 · Measurement of the total OPEB liability in employer’s financial statements must be as of a date no earlier than the end of the employer’s prior fiscal year. Measurement must be …
GASB 75 Accounting and Financial Reporting For …
Replaces Statements No. 45 and No. 57 and is the sequel to Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans, which was issued to …
Your Guide to GASB 75 - Conrad Siegel
GASB 75 for you. Be sure to talk with an expert at Conrad Siegel about your specific plan and how GASB 75 may impact you and your school district. Contact your Consulting Actuary or …
GASB 68/75 - MERS | Municipal Employees' Retirement System of Michigan
GASB stands for the Governmental Accounting Standards Board, the governing body setting best practices for public sector accounting. GASB issues “statements” that set standards for …
Summary of Statement No. 75 - GASB
For defined benefit OPEB, this Statement identifies the methods and assumptions that are required to be used to project benefit payments, discount projected benefit payments to their …
GASB 75 Employer Reporting Guide • 2020 - TMRS
TMRS has prepared this GASB 75 Employer Reporting Guide (Guide) to assist participating cities (referred to in this Guide as cities or employers) in making their postemployment benefit …
GASB Statement No. 75, Accounting and Financial Reporting for ...
Certain portions may include material copyrighted by American Institute of Certified Public Accountants or the Government Finance Officers Association.
GASB 75 & OPEB Frequently Asked Questions - Office of the …
Statement 75 requires local governments and school districts that prepare GAAP-compliant financial statements to report the total OPEB liability in the statement of net position in their …
NO. 367 NOVEMBER 2017 Governmental Accounting …
Implementation Guide No. 2017-3, Accounting and Financial Reporting for . Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting) …
Employer GASB 75 Information | Public School Employees' …
Release of the 2024 GASB 75 information as provided by PSERS, can be found on the Employer News page. Links to information about GASB 75: GASB Statement No. 75 (Accounting and …
Implementing GASB 75 Accounting and financial …
Jul 25, 2018 · Measurement of the total OPEB liability in employer’s financial statements must be as of a date no earlier than the end of the employer’s prior fiscal year. Measurement must be …
GASB 75 Accounting and Financial Reporting For …
Replaces Statements No. 45 and No. 57 and is the sequel to Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans, which was issued to …
Your Guide to GASB 75 - Conrad Siegel
GASB 75 for you. Be sure to talk with an expert at Conrad Siegel about your specific plan and how GASB 75 may impact you and your school district. Contact your Consulting Actuary or …
GASB 68/75 - MERS | Municipal Employees' Retirement System of Michigan
GASB stands for the Governmental Accounting Standards Board, the governing body setting best practices for public sector accounting. GASB issues “statements” that set standards for …
Summary of Statement No. 75 - GASB
For defined benefit OPEB, this Statement identifies the methods and assumptions that are required to be used to project benefit payments, discount projected benefit payments to their …
GASB 75 Employer Reporting Guide • 2020 - TMRS
TMRS has prepared this GASB 75 Employer Reporting Guide (Guide) to assist participating cities (referred to in this Guide as cities or employers) in making their postemployment benefit …
