This webinar takes a deep dive into GASB Statement No 84, Fiduciary Activities, which is effective for fiscal years beginning after December 15, 2018. We lead you through the nuts and bolts of GASB 84 so that you understand how to identify fiduciary activities and how to report them.
On this new episode of Weaver: Beyond the Numbers, the Texas economy is our focus as we look at the state's economic durability and why the Texas Legislature placed a large bet on fiscal sustainability.
The 86th Texas Legislative session ended and the major legislation that was signed into law was in the area of sales and use taxes. Below are the major Texas legislative updates by type of tax:
How many times have you seen a headline such as “Cheerleader mom pilfers trip funds”? It’s a nightmare scenario for an administrator, discovering that large sums of student money are unaccounted for— even if the problem was poor management rather than intentional fraud.
Back in 2013, the U.S. Office of Management and Budget issued new rules governing procurement for organizations that must comply with Uniform Guidance for grant reporting.
Pensions present substantial ongoing financial obligations to state and local governments, but questions arose in applying recently-released Governmental Accounting Standards Board (GASB) statements to various pension scenarios and financial reporting concerns.