The Governmental Accounting Standards Board released new guidance Wednesday to provide a unified accounting treatment for compensated absences of state and local government employees and simplify the ...

Working and living under COVID-19 restrictions, many employees have deferred vacation and sick days until restrictions are likely to be lifted, resulting in perhaps the greatest buildup of liabilities ...

The Governmental Accounting Standards Board is looking for feedback on a proposal to improve the guidance on compensated absences for state and local government employees, along with disclosure ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. State and local government finance officials across the ...