At every March GASAC meeting, each GASAC member has the opportunity to provide individual feedback on GASB's Technical Plan by ranking projects important to him or her. Of the 42 listed projects, I ranked the following projects as high or medium priority (in random order):
Electronic Financial Reporting, Fair Value Measurement, Fiduciary Responsibilities, Financial Guarantees, Exchange-like Revenues, GAAP Hierarchy, Tax Abatement Disclosures, Reexamination-Capitalization of Interest Costs, Reexamination-Leases-NCGA 5 and Statement 13, Reexamination-Nonexchange Transactions-Statements 33 and 36, Reexamination-Reporting Model-Statement 34, 35, and 37, and Reexamination-Accounting for Prior-Period Adjustments, Accounting Changes.
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