Accounting Clues: Unraveling the Mysteries of Debt Issuances with the Sources and Uses Schedule

Once the wires have cleared after a bond issuance, governments must ensure that all transactions have been reported in the financial statements. For some, these complex issuances can include accounting for multi-series issuance, refunding, investments, and trust accounts. While complex is not bad, it still can create headaches for accountants as they determine the project fund deposit, various issuance costs, and the deferred charge on refunding.

Speakers in this session will discuss various components of the debt issuance sources and uses schedule needed to understand the accounting requirements. Attend this session to learn how you can pick up on clues that provide hints to suggest correct accounting procedures and what questions you will need to ask from those involved.