GASB Public Pension Accounting Standards
PERSI has provided instructions, sample footnote disclosures and sample journal entries to help employers understand how to take the PERSI data and apply it to their financial statements. These guidelines are NOT authoritative nor designed to replace guidance from your auditor. Instead, they provide sample displays to assist with preparation of employer financial statements, footnote disclosure and RSI if required to report under GASB. PERSI cannot be held liable for how the employer applies the information provided by PERSI to their financial statements. | ||||||
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GASB Answers: | Links to GASB Standards: | |
1. Is PERSI Really Unfunded? |
PERSI GASB Fact Sheet Links to information about the new GASB standards:GASB Toolkit (implementation guides, videos, podcasts, and more directly from GASB) GASB Statement No. 68 (Accounting and Financial Reporting for Pensions) GASB's New Pension Standards: Setting the Record Straight (Q&A from Government Accounting Standards Board) GASB 68 Implementation Guide (1/14) |
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