You Are Doing WHAT to the Governmental Funds?? – Part 3, The Long-Term Approach

Published for Death and Taxes on May 02, 2017.

Yogi Berra said it best.  “It’s déjà vu all over again.”  That is what should come to everyone’s mind upon reviewing the third measurement focus and basis of accounting proposal from the Governmental Accounting Standards Board’s (GASB) recent Invitation to Comment (ITC), Financial Reporting Model Improvements – Governmental Funds.  As was noted in the previous […]