AICPA 2014 Government Briefs 

GAO Issues Revised Standards for Internal Control in the Federal Government (October 2014) This brief discusses the revised Standards for Internal Control in the Federal Government released by the U.S. Government Accountability Office (GAO).  Also known as the Green Book, this resource sets standards for an effective internal control system for federal agencies.
Pensions - Making the Number Our Own (July 2014) This brief will discuss the best practice solutions published by the AICPA’s Government Audit Quality Center (GAQC) that we, as preparers, can also utilize to gain understanding and assurance regarding what could be the largest number in our government’s financial statements.
Examining the Bigger Picture: A Tool for Audit Shops to Further Improve Government Results (April 2014) This article discusses six steps audit shops can use to increase their collective influence over how government agencies perform by elevating their involvement in performance-improvement activities.
New York State Comptroller’s Fiscal Stress Monitoring System (April 2014) This article explains the New York State Office of the Comptroller's Fiscal Stress Monitoring System (FSMS) represents a systematic and objective methodology for identifying the presence of stress conditions in a local government or a school district.
GASB Statement No. 68 Brings Needed Pension Transparency
(January 2014)
This article is intended to serve as a high-level summary of the changes that will occur for state and local governments participating in governmental pension plans with the implementation of Governmental Accounting Standards Board (GASB) Statements No. 68, Accounting and Financial Reporting for Pensions.


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