GASB Statement No. 72 - Fair Value Measurement and Application
By Enrique Llerena, Senior Manager, and Moises D. Ariza, Manager, Assurance Services
From a bird's eye view, it is clear that we are one step closer to bridging the gap between GASB's and FASB's definitions and financial reporting requirements regarding "Fair Value."...
Going Back to School on Public-Private Partnerships
By James D. Wilkinson, Partner, Assurance Services
Governments are under constant pressure to operate more efficiently and effectively. At the root of the challenge, three common factors are almost always present: increasing demand for results, shrinking resources,...