New GASB Proposals and Their Effect on Accrual Accounting

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Manage episode 291400986 series 1118468
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Bill Bergman, director of research for Truth in Accounting, joins us to discuss recent proposals by the Government Accounting Standards Board and their effect on accrual accounting. He explores the status of GASB Projects 3-20 and 3-25, whether the new proposals change the definition of accrual accounting, and how they relate to revenue recognition.

To read the full transcript click here.

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