The deadline extension for the GASB 87, Leases, implementation came as a welcome relief during the COVID-19 crisis. But don’t delay it for too long —planning requires significant time and effort. These FAQs can help keep you on track.
If your government agency received federal COVID-19 funding, address these three areas to make sure you’re covered. Federal funding for COVID-19 is bringing welcome relief, but certain guidance from federal agencies is lacking. Here’s how to address compliance requirements in the meantime.