GASB Clarifies Guidance on Majority Equity Interests
September 04, 2018
September 04, 2018
NORWALK, Connecticut, Sept. 4 -- The Governmental Accounting Standards Board issued the following news release:
The Governmental Accounting Standards Board (GASB) has issued guidance clarifying the accounting and financial reporting requirements for a state or local government's majority equity interest in an organization that remains legally separate after acquisition.
A public hospital's acquisition of a rehabilitation center that remains legally separate after acquis . . .
The Governmental Accounting Standards Board (GASB) has issued guidance clarifying the accounting and financial reporting requirements for a state or local government's majority equity interest in an organization that remains legally separate after acquisition.
A public hospital's acquisition of a rehabilitation center that remains legally separate after acquis . . .