Borrowing Time: Accounting and Financial Reporting for Debt

CPE Credits: 
1
Session Time: 
Monday, May 7, 2018 - 1:30pm to 2:20pm
Description: 

A government's reporting and disclosure about its debt is one of the most scrutinized elements of its financial reporting. This session will review the current GASB guidance related to accounting and financial reporting for debt. Pronouncements reviewed will include GASB Statement No. 86, Certain Debt Extinguishment Issues, as well as the GASB Exposure Drafts on Accounting for Interest Costs During the Period of Construction and Certain Disclosures Related to Debt.