Questions and Answers on GASB Statement No. 44 and the Statistical Section

Loyd, Scot; Crawford, Michael A.
July 2007
Governmental GAAP Update Service;7/30/2007, Vol. 7 Issue 14, p1
Trade Publication
Question & Answer
The article presents questions and answers related to Governmental Accounting Standards Board (GASB) Statement No. 44, Economic Condition Reporting: The Statistical Section (GASB-44). It lists the economic condition information that must be reported according to GASB-44. It says that not all governments are required to present a statistical section in their financial reports.


Related Articles

  • Think FRSSE first. Sharp, Isobel // Accountancy;Jul2006, Vol. 137 Issue 1355, p86 

    This article discusses the progress of the Great Britain Financial Reporting Standard for Smaller Entities accounting standard. Critics of the standard call it "diluted to taste" and leaving great margin for error, while supporters of the act call it "designed to fit" accounting practices at...

  • The storm clouds are gathering. Bate, Alan // EG: Estates Gazette;4/12/2003, Issue 315, p129 

    Pressure is being applied for Great Britain accounting standards to follow the overseas practice of requiring the capitalization of rental obligations under property leases. The implications are significant, but the standards are still under discussion, with no firm timetable for implementation....

  • How to find true valuations. Hage, Kees; Mauel, Philip // EuroProperty;12/6/2010, p12 

    In this article, the authors comment on accounting techniques which are used for preparing annual reports in European countries. They says that the main focus is on the quality of the information in the appraisal report when preparing reports. They further say that accounting techniques have to...

  • US. Cairns, David // Accountancy;Feb2005, Vol. 135 Issue 1338, p70 

    Presents updates on issues related to financial reporting in the U.S. as of February 2005. Information on the revised Financial Accounting Standard (FAS) 123 or the Share-based Payment, issued by the Financial Accounting Standards Board (FASB); Background of FAS 153 issued by FASB which covers...

  • Who's policing the referees? Grey, Sarah // Accountancy;Jul98, Vol. 122 Issue 1259, p6 

    The article reports on the possible adoption of International Accounting Standards or U.S. generally accepted accounting procedures by British firms in filing their annual accounts in 1998. The author argues that there is no global system for the policing of accounting rules. There are countless...

  • IASC interim reporting project.  // Accountancy;Jun96, Vol. 117 Issue 1234, p90 

    The article announces the publication of "Issues Paper on Interim Financial Reporting," by the International Accounting Standards Committee in the U.S. The issues paper discusses how companies should present interim financial information, a financial data for less than a full financial year or...

  • FASB: Subjugation, liberation, reformation, consternation and incorporation. Miller, Paul B. W.; Bahnson, Paul R. // Accounting Today;Apr2012, Vol. 26 Issue 4, p17 

    The article discusses the need for the U.S. Financial Accounting Standards Board (FASB) to reform and improve financial reporting in the country. A to-do list is presented that would help the FASB make financial reporting more relevant. The FASB is advised to undergo subjugation, liberation,...

  • CONCEPTUAL FRAMEWORK MEASUREMENT.  // Practical Accountant;Jan2009, Vol. 42 Issue 1, p19 

    The article reports on the approval of the proposed conceptual framework measurement by the Financial Accounting Standards Board (FASB) in the U.S. Accordingly, the proposal aims to determine the most efficient way to evaluate assets and liabilities based on the principles of the financial...

  • Problematic Aspects of Financial Reporting in Latvia. Jesemcika, Anna // Economic Science for Rural Development Conference Proceedings;2012, Issue 28, p194 

    The article outlines the changes of accounting policy in financial reporting having occurred in Latvia within the past decade. This period is significant, since the Latvian system of financial accounting and reporting was integrated into the European accounting system. The legal regulation of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics