Menu

GASB Statement No. 84, Fiduciary Activities: The Impact on Deferred Compensation Plans

Reading Time: 1 minute

Share:

Share on facebook
Share on twitter
Share on linkedin

To reduce reporting inconsistencies, the Governmental Accounting Standards Board (GASB) announced a new standard affecting governments and their reporting standards.

In the past few years alone, sweeping changes have affected governmental reporting standards and models to help keep future reporting as transparent and understandable as possible.

However, these new statements often lack clear definitions and guidance, yet have a significant impact on governmental activities.

Download our free informational update below for a summary of the update and some possible solutions.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

SIGN-UP FOR INSIGHTS

Upcoming Events

Latest Insights

About The Author