Things Will Never Be the Same: Accounting Changes and Error Corrections
Estimates and expectations change nearly moment to moment and sometimes we all make mistakes. Learn from GASB's Director of Research and Technical Activities about GASB 's new standard on financial reporting, disclosures and supplementary information for accounting changes and error corrections, including new rules for classifying, recognizing, measuring, displaying and disclosing changes to our accounting principles, estimation methods and the best available information to which we can apply them.