GFOA Releases
What Everyone Needs to Know About the New Fund Balance

Price: Member $20 - Non-Member $30

Buy your copy today!

Brochure (includes order form)
Information on quantity discounts

45 pages
Paperbound
Written by Stephen J. Gauthier, Director, GFOA Technical Services Center, and author of Governmental Accounting, Auditing, and Financial Reporting, known as the “Blue Book.”

An important new pronouncement from the Governmental Accounting Standards Board has substantially altered the categories and terminology used to describe the components of fund balance. This GFOA publication provides interested parties with a nontechnical explanation of these changes using a simple question-and-answer format designed both to highlight the critical points discussed in the text and to provide easy access to needed information. The new guide also features a glossary and 20 questions designed to allow users to test their knowledge of the material.

The guide contains the following sections:

• Essential Background
• Fund Balance and its Components
• Fund Balance Policy
• Old v. New