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Accounting & Auditing Alert February 2018


 

RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.


02/01/2018

GASB Issues Implementation Guidance Related To Postemployment Benefits


The GASB has issued Implementation Guide No. 2017-3, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting).

02/01/2018

GASB Issues Implementation Guidance Related To Postemployment Benefits


The GASB has issued Implementation Guide No. 2017-3, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting).

02/01/2018

FASB Proposes Improvements To Lease Standard Implementation


The FASB has issued an Exposure Draft titled, Leases (Topic 842) Targeted Improvements. The proposed amendments are intended to reduce costs and ease implementation of the new Leases standard for financial statement preparers.

02/01/2018

GASB Issues Exposure Draft On Capitalization Of Interest Cost


The GASB has issued an Exposure Draft of a proposed statement titled Accounting for Interest Cost during the Period of Construction. This proposed statement is designed to simplify the accounting for interest costs associated with capital projects and to enhance the comparability between capital assets.

 

Readers should not act upon information presented without individual professional consultation.