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Financial A&A news from around the web: June 27 – July 1, 2022

Written on Jun 28, 2022

GASB streamlines guidance on compensated absences with unified model 
GASB has issued guidance on compensated absences, enhancing recognition and measurement requirements and refining related disclosure requirements. The guidance updates how state and local governments process paid leave benefits for their employees. The new requirements are effective for fiscal years beginning after Dec. 15, 2023. Earlier implementation is encouraged. 

6 areas CFOs should support to build business resilience 
These elements of resiliency are key to your organization’s success.