Insights

Stay informed with the latest insights and perspectives from Withum.

Read more
work leave calendar, compensated absences
GASB Statement No. 101: Changes to Compensated Absences for Government Entities

The Governmental Accounting Standards Board (GASB) issued Statement No. 101 to provide updated guidance on the recognition and measurement of compensated absences for government entities. This statement aims to enhance the clarity and consistency of financial reporting for compensated absences, ensuring that financial statement users receive accurate and comparable information. Digging Into GASB Statement No….

Article
Read more
local government, city hall
Impacts of GASB Statement Number 102, Certain Risk Disclosures

The Government Accounting Standards Board (GASB) recently issued Statement Number 102, Certain Risk Disclosures (“GASB 102”). GASB 102 requires state and local governments to disclose material concentrations and constraints in the notes of the financial statements. GASB 102 is effective for years beginning after June 15, 2024, and earlier application is permitted. The purpose of…

Article

Want the latest news and event information from Withum?

Subscribe

Connect with Our Leaders

Ray Iler_Web
Partner
San Francisco, CA
Headshot for Jon Scherr new web bio
Partner
New York, NY
Robin-Kim_Web 1
Managing Director, Withum Capital Investment Banking
Orange County, CA
Magdalena-Czerniawsk_Web
Partner
Whippany, NJ
Danielle-Cimato_Web
Chief Marketing Officer
Dan Gerena Profile Headshot
Principal, Lead, Data and Business Intelligence
Buffalo, NY