GASB Accounting and Financial Reporting Issues Related to the CARES Act
On Thursday, June 11th the Governmental Accounting Standards Board (GASB) issued a proposed technical bulletin to clarify accounting and financial reporting issues related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) of 2020 and Coronavirus Disease. There is a 15 day comment period with an immediate effective date upon final issuance. The [...]