Article

GASB update for Wisconsin communities

Jun 01, 2021

Authored by Steven Henke, CPA, Senior Manager

The Governmental Accounting Standards Board (GASB) has issued a number of new and updated accounting standards that could have a significant impact on public sector organizations. Baker Tilly’s recent article in the Wisconsin Institute of CPA’s On Balance magazine provides a comprehensive summary of several standards with upcoming effective dates.

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Now is the time to develop a plan to ensure a smooth implementation of upcoming accounting standards. For more information, or to learn how Baker Tilly’s governmental accounting specialists can help your entity, contact our team.