vimarsana.com

Page 2 - அரசு கணக்குவைப்பு முறை தரநிலைகள் பலகை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GASB proposes to improve notes to financial statements

REGISTER NOW The Governmental Accounting Standards Board released a proposed concepts statement to guide GASB when establishing note disclosure requirements for state and local governments. The proposal is part of GASB’s response to its research reexamining the existing note disclosure requirements. The proposed concepts mainly aim to provide GASB with criteria to consistently evaluate notes to financial statements in the standards-setting process. They also could help constituents understand the fundamental concepts underlying future GASB pronouncements. The revised exposure draft, Communication Methods in General Purpose External Financial Reports That Contain Basic Financial Statements: Notes to Financial Statements, proposes concepts relating to the purpose of notes to financial statements, the intended users of note disclosures, the types of information that should be disclosed in notes, and the types of information that aren’t appropriate for note disclosures.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.