You Are Doing WHAT to the Governmental Funds?? – Part 2, The Short-Term Approach

Published for Death and Taxes on April 18, 2017.
In our last chapter, You Are Doing WHAT to the Governmental Funds?? – Part 1, The Near-Term Approach, we explored one of the three new measurement focus and basis of accounting (MFBA) options being considered for the governmental funds.  These approaches are presented in the Governmental Accounting Standards Board’s recent Invitation to Comment (ITC), Financial […]