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GASB’s final guidance on the Replacement of Interbank Offered Rates is expected to be issued in March, giving state and municipal governments plenty of time to make adjustments before Libor is phased out by the end of 2021.
December 31 -
New York City Comptroller Scott Stringer received several awards for excellence in financial reporting.
June 6 -
The federal government shutdown has demonstrated the need for a more independent source of public finance for cities and urban counties.
February 5 -
The new GASB standards apply to Other Post-Employment Benefits, or OPEB, which mostly pertain to retiree health benefits, but also can include dental, vision, disability and death benefits.
October 19 -
State and local governments in some cases weren’t disclosing terms of direct borrowings, private placements that exposed them to risks different from those related to other types of debt.
April 3