accounting standards, Control Spend and financial statements

GASB Issues New Guidance on Risk Disclosures

CPA Practice

JANUARY 11, 2024

The Governmental Accounting Standards Board has issued new guidance that requires state and local governments to disclose information about certain risks. GASB Statement No. This would allow users to make informed decisions about these and to evaluate accountability. Earlier application is encouraged.

financial statements

financial statements Control Spend Government accounting standards

Impacts of GASB Statement Number 102, Certain Risk Disclosures

Withum

AUGUST 19, 2024

The Government Accounting Standards Board (GASB) recently issued Statement Number 102, Certain Risk Disclosures (“GASB 102”). GASB 102 requires state and local governments to disclose material concentrations and constraints in the notes of the financial statements.

financial statements

financial statements Control Spend Government accounting and finance

Accountant Advocate

GASB Issues New Guidance on Risk Disclosures

Impacts of GASB Statement Number 102, Certain Risk Disclosures

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