GASB 34 Implementation Recommendations for School Districts, 2nd Edition
Authored by ASBO International's Accounting, Auditing and Budgeting Committee -- Subcommittee on GASB Statement No. 34 Implementation, this definitive guide is designed to help school districts implement GASB Statement No. 34.
Arguably the most significant change in the history of governmental accounting, GASB 34 dramatically alters the way school districts must report and present financial information. The new reporting model affects every school organization that issues financial statements in conformity with Generally Accepted Accounting Principles (GAAP).
In November 2003 Gary Heinfeld updated the original guide and created the 2nd edition in order to help school districts implement the dramatic changes in accounting and reporting required by GASB 34.
The 2nd Edition provides school district administrators with comprehensive guidance in implementing the new reporting model.
