25
MAY
2014

Florida Auditor General Draft 2014 Rules: Chapter 10.850

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The Florida Auditor General has released a draft of their proposed 2014 rules (Chapter 10.850 – Audits of Charter Schools and Similar Entities, Florida Virtual School and Virtual Instruction Program Providers) which will be effective for the...
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25
MAY
2014

Florida Auditor General Draft 2014 Rules: Chapter 10.550

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The Florida Auditor General has released a draft of their proposed 2014 rules (Chapter 10.550 – Local Governmental Entity Audits) which will be effective for the 9-30-2014 fiscal year audits. While there are many changes, the one proposed...
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23
APR
2014

GASB 68: Unforeseen Modified Audit Reports for Employers Participating in a cost-sharing multiple-employer Pension Plan

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GASBS 68 – Accounting and Financial Reporting for Pensions – an amendment of GASB Statement No. 27 is effective for financial statements beginning after June 15, 2014. Local governments in Florida will be required to implement the...
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29
MAR
2014

GASB 67 – Disclosure Changes for Single Employer Plans

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Here are a few new disclosures required under GASB 67… Regarding investment policies: 1) Procedures and authority for establishing and amending investment policy decisions. 2) Policies pertaining to asset allocation. 3) Description of...
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27
MAR
2014

GASB 67 & 68 Implementation Toolkit

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GASB Statement No. 67, Financial Reporting for Pension Plans, revises existing guidance for the financial reports of most pension plans for state and local governments. Implementation Toolkit Statement No. 67 will take effect for pension plans...
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