Elliott Davis Decosimo Government Articles

Government Accounting Advisor: OMB Revises Circular No. A-123

December 12, 2016

On July 15, 2016, the OMB revised Circular No. A-123, Management's Responsibility for Enterprise Risk Management and Internal Control (the Circular), which was effective upon publication. While the Circular is specifically applicable to executive agencies of the federal...

Government Accounting Advisor: GASB Issues Statement No. 82

June 27, 2016

Pension Issues The Governmental Accounting Standards Board (GASB) recently issued guidance addressing practice issues raised by stakeholders during implementation of the Board's pension accounting and financial reporting standards for state and local governments. GASB Statement No. 82 (GASBS No. 82),...