CPA Government & Nonprofit Report articles from February 2004

CPA Government & Nonprofit Report archives from February 2004

GASB issues Implementation Guide for GASB-40.(Governmental Accounting Standards Board)
February 1, 2004... The Governmental Accounting Standards Board (GASB) has issued a new Implementation Guide for GASB Statement No. 40, Deposit and Investment Risk Disclosures (GASB-40), as it has with other Statements that generated lots of questions on issuance....

Editor's note.(Brief Article)(Editorial)
February 1, 2004... GASB-40 will be the next big challenge for finance officers and auditors. The GASB has issued an Implementation Guide to help implementers understand the details of GASB-40 more clearly. In this month's edition, I summarize some of the more...

A quick review of duration.(GASB Statement No. 40, Deposit and Investment Risk Disclosures)
February 1, 2004... With the issuance of GASB Statement No. 40, Deposit and Investment Risk Disclosures (GASB-40), the term "duration" appears in several places. Since this is not a term that is familiar to most finance officers and auditors, I am providing a...

A review of subrecipient monitoring.(Audits of States, Local Governments, and Non-Profit Organizations)
February 1, 2004... Government and nonprofit organizations that pass federal funding to other organizations must determine if those recipients are "subrecipients" or if they are "vendors" (received payment for goods and services). The Office of Management and...