WebFeb 3, 2024 · GASB 90, Majority Equity Interests—an amendment of GASB Statements No. 14 and No. 61. Issued in August 2024. GASB 89, Accounting for Interest Cost Incurred before the End of a Construction Period. Issued in June 2024. VIEW ALL STATEMENTS WebDecember 15, 2024 GASB-90 –Majority Equity Interests 2024 2024 2024 June 15, 2024 IGU –2024-1, Update 2024 2024 2024 December 15, 2024 GASB-87 –Leases 2024 2024 2024 December 15, 2024 IGU –2024-3, Leases 2024 2024 2024 December 15, 2024 GASB-89–Accounting for Interest Cost before the End of a Construction Period 2024 …
GASB Update PowerPoint - wvde.us
Web90 – Majority Equity Interests—An Amendment Of GASB Statements No. 14 And No. 61 (Effective FY 2024) This Statement defines a majority equity interest and specifies that a majority equity interest in a legally separate organization should be reported as an investment if a government’s holding of the equity interest meets the definition of ... Websimplify accounting for interest cost incurred before the end of a construction period. GASB NO. 90: MAJORITY EQUITY INTERESTS – AN AMENDMENT OF GASB STATEMENTS NO. 14 AND NO. 61 • Effective date — Fiscal years beginning after December 15, 2024 (amended to December 15, 2024). Early adoption is allowed. mms roaming
GASB releases Statement 90, Majority Equity Interests
Web• GASB 90: Majority Equity Interests • Effective for reporting periods beginning after December 15, 2024 (FY21). • The primary objectives of this Statement are to improve the consistency and comparability of reporting a government’s majority equity interest in a legally separate organization and to improve the relevance of financial ... WebDec 15, 2024 · GASB Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period. Reporting Periods beginning after December 15, 2024 (fiscal years end 6/30/2024 and later) * GASB Statement No. 90, Majority Equity Interests—an amendment of GASB Statements No. 14 and No. 61. Reporting Periods beginning after … WebMar 31, 2024 · GASB-90, Majority Equity Interests, effective after December 15, 2024 GASB-89, Accounting for Interest Cost Incurred Before the End of a Construction Period, effective after December 15, 2024 As with all effective dates, early application is … initiates visual and auditory stimuli