{"product_id":"applying-special-purpose-frameworks-in-state-and-local-governmental-financial-statements-2016","title":"Applying Special Purpose Frameworks in State and Local Governmental Financial Statements, 2016","description":"\u003cp\u003eThis practice aid is intended to provide accounting and auditing professionals with guidelines and best practices to promote consistency and for resolving the difficult questions of special purpose framework application, specifically for the financial statements of state and local governments. Although this practice aid is the best source for such guidance, it is nonauthoritative and should not be used as a substitute for the preparer′s professional judgment.\u003c\/p\u003e \n\u003cp\u003eThis publication is not intended for use by governments that are required by law, regulation, contract, or policy to prepare financial statements in accordance with GAAP.\u003c\/p\u003e \n\u003cp\u003e\u003cb\u003eKey Benefits Include:\u003c\/b\u003e\u003c\/p\u003e \n\u003cul\u003e\n\u003cli\u003eClarified and additional guidance and practice points related to the treatment of defined benefit pension plan and OPEB benefit costs\u003c\/li\u003e\n\u003cli\u003eAdditional practice points on accounting and reporting issues related to the timing of payroll payments and the impact of the use of special purpose frameworks on single audit low risk auditee status\u003c\/li\u003e\n\u003cli\u003eRefinements to illustrative auditor reports and an added illustrative auditor report dealing with financial statements presented using both GAAP and special purpose frameworks\u003c\/li\u003e\n\u003c\/ul\u003e \n\u003cp\u003e\u003cb\u003eWho Will Benefit:\u003c\/b\u003e\u003c\/p\u003e \n\u003cul\u003e\n\u003cli\u003eAuditors for state and local governments\u003c\/li\u003e\n\u003cli\u003eFinancial statement preparers for state and local governments\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54223159001432,"sku":"9781943546350","price":92.99,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/agendabookshop.com\/products\/applying-special-purpose-frameworks-in-state-and-local-governmental-financial-statements-2016","provider":"Agenda Bookshop","version":"1.0","type":"link"}