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Publications

Audit and Accounting Guide, State and Local Governments

Publisher: AICPA
  • $89.00-$109.00
    Audit and Accounting Guide, State and Local Governments In Stock Product #: AAGSLG17P
    AICPA Member: $89.00
    Non-Member: $109.00
  • $79.00-$99.00
    Audit and Accounting Guide, State and Local Governments eBook Download Product #: AAGSLG17E
    AICPA Member: $79.00
    Non-Member: $99.00
  • $109.00-$139.00
    Audit and Accounting Guide, State and Local Governments Online Access Product #: WGG-XX
    AICPA Member: $109.00
    Non-Member: $139.00

With all the recent changes in state and local government audit and accounting, including changes to some of the more complex areas such as pensions and postemployment benefits other than pensions (OPEB), you can't afford to be without the most current guidance.

This authoritative guide provides complete coverage of audit and accounting considerations critical for both preparers and auditors. This 2017 edition includes a new chapter on best practices for OPEB accounting, reporting, and auditing. It also provides insights, comparisons, and best practices for financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, the elements of net position, accounting for fair value, and much more.

Key Benefits

This guide will help both auditors and financial statement preparers in the state and local government arenas to solve complex accounting and reporting issues, and implement newly issued authoritative accounting and auditing standards.

Updates

  • GASB Statement No. 73, Accounting and Financial Reporting for Pensions and Related Assets That Are Not within the Scope of GASB Statement 68, and Amendments to Certain Provisions of GASB Statements 67 and 68
  • GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans
  • GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions
  • GASB Statement No. 77, Tax Abatement Disclosures
  • GASB Statement No. 78, Pensions Provided through Certain Multiple-Employer Defined Benefit Pension Plans
  • GASB Statement No. 80, Blending Requirements for Certain Component Units — an amendment of GASB Statement No. 14
  • GASB Statement No. 81, Irrevocable Split-Interest Agreements
  • GASB Statement No. 82, Pension Issues — an amendment of GASB Statements No. 67, No. 68, and No. 73

Who Will Benefit?

  • Auditors who are auditing the basic financial statements of a state or local government in accordance with GAAS.
  • Finance personnel of a state or local government responsible for financial reporting.

Discounts

AICPA and GASB Government Standards Set [Subscription]
This discounted set gives you access to the full range of AICPA government-related literature combined with the GASB library, all in one convenient online subscription. Plus you'll save money over the individual purchase prices. The set includes how-to advice and authoritative guidance, valuable discussion, best practices, hands-on tools, and much more. Follow the link above for details.

Information about the eBook option:

If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:

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  • Click the eBook title to download and open automatically in Adobe Digital Editions

Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the AICPA Store Service Center at service@hq.cpa.com or call 888-777-7077.

System Requirements

About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.

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