Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CCSD plans early implementation of GASB 103 and 104; committee approves update 4-0
Summary
Accounting staff briefed the committee on recent Governmental Accounting Standards Board pronouncements (GASB 101–104), said GASB 101 was implemented earlier and CCSD plans to implement GASB 103 and 104 for FY reporting; the committee approved the update 4-0.
The Audit Advisory Committee on Feb. 27 heard a presentation on recent GASB pronouncements and the district's planned implementations and voted to accept the update 4–0.
Accounting GL Coordinator Yanmin (Yamin) Zu Howard (presented as Yamin Johawo in remarks) reviewed GASB Statements 101–104 and CCSD's implementation approach. She said the district adopted GASB 101 (compensated absences) early in the prior year; that implementation required review of employment agreements, IT reports and sampling to calculate usage and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
