Whose Assets Are They Anyway?

Published for Death and Taxes on February 06, 2017.
The Governmental Accounting Standards Board (GASB) issued GASB Statement No. 84, Fiduciary Activities the last week in January 2017.  Obviously, this is breaking news – stop the presses!  The standard is the culmination of a long-term, wide-ranging project to address accounting and financial reporting for the following: Pension plan assets that are entrusted (GASB Statement […]