Certified Public Accountants
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Accounting & Auditing Alert June 2020


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


GASB Issues Statement No. 95 To Defer Effective Dates Of Certain Authoritative Guidance

The GASB issued Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. Statement No. 95 postpones by one year the Statements and Implementation Guides that first became effective or were scheduled to become effective for periods beginning after June 15, 2018, and later.


GASB Issues Statement No. 94 On Public-Private And Public-Public Partnerships And Availability Payment Arrangement

In March, the GASB issued Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangement (P3s).


GASB Issues Implementation Guide 2020-1

The GASB issued implementation guidance containing questions and answers intended to clarify, explain, or elaborate on various standards including, the financial reporting entity, fiduciary activities, leases, external investment pools, asset retirement obligations, and conduit debt obligations.


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