What You Need to Know about GASB 96
CPA Practice
APRIL 26, 2023
Without a standard accounting method, such committed future liabilities and their related intangible assets are not included on financial statements. That’s why the Governmental Accounting Standards Board issued GASB 96 in May 2020, effective for fiscal years beginning after June 15, 2022. What are SBITAs?
Let's personalize your content