Governmental business-type entities (BTAs), such as public utilities, transit systems, airports, colleges and hospitals occupy a special place in the world of accounting and financial reporting. Subject to GASB standards, including many based on old private-sector guidance, these governments have unique challenges. This session will be a discussion of current accounting and financial reporting topics of particular interest to BTAs, based on the experiences of current officials responsible for such entities. Likely topics include the impact on BTAs of recent GASB guidance, such as on leases, PPPs, interest capitalization and those that affect governments that follow regulatory accounting.
Enterprising Accounting: Business-Type Activities and Proprietary Funds
Field of Study:
Accounting – Governmental