GASB Proposes Guidance on Replacement of Interbank Offered Rates With New Reference Rates
September 26, 2019
September 26, 2019
NORWALK, Connecticut, Sept. 26 -- The Governmental Accounting Standards Board issued the following news release:
The Governmental Accounting Standards Board (GASB) today proposed new accounting and financial reporting guidance to assist state and local governments in the transition away from existing interbank offered rates (IBORs) to other reference rates.
Some governments have entered into agreements in which variable payments made or received depend on an IBOR, most . . .
The Governmental Accounting Standards Board (GASB) today proposed new accounting and financial reporting guidance to assist state and local governments in the transition away from existing interbank offered rates (IBORs) to other reference rates.
Some governments have entered into agreements in which variable payments made or received depend on an IBOR, most . . .