Accounting Today

GASB sets guidelines on notes to financial statements

The Governmental Accounting Standards Board released a concepts statement Thursday to provide a conceptual framework for its work on note disclosure requirements for state and local governments.
Accounting Today

GASB proposes to improve notes to financial statements

The Governmental Accounting Standards Board released a proposed concepts statement to guide GASB when establishing note disclosure requirements for state and local governments. Processing Content The ...
The CPA Journal

A First Look at the Disaggregation of Income Statement Expenses

Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40). Public business entities must implement ...

Certified Financial Statement: What It Is, How It Works, and Examples

Certified financial statements are accounting statements that have been certified by an independent accounting firm. Learn ...