Product Image

State and Local Governments - Audit and Accounting Guide

Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Print This Page
Available Formats:  Online Subscription | eBook | Paperback | See All

Whether you are a financial statement preparer or auditor, or you practice in state and local government, this guide provides you with advice for handling audit and accounting issues common to state and local governments.

You’ll get critical “how-to” guidance on planning, performing and reporting on your audit engagements; including financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, and the elements of net position.


  • New guidance for deferred inflows of resources and deferred outflows of resources
  • New guidance related to the financial reporting entity, including modifications of certain requirements for inclusion of component units and the criteria for blending component units
  • New requirements for expensing debt issuance costs
  • Updates to the illustrative auditor’s reports


  • GASB Statement No. 61, The Financial Reporting Entity: Omnibus—an amendment of GASB Statements No. 14 and No. 34
  • GASB Statement No. 65, Items Previously Reported as Assets and Liabilities
  • GASB Statement No. 66, Technical Corrections-2012-an amendment of GASB Statements No. 10 and No. 62
AICPA and GASB Government Standards Set [Subscription]
This discounted set gives you access to the full range of AICPA government-related literature combined with the GASB library, all in one convenient online subscription. Plus you’ll save money over the individual purchase prices. The set includes how-to advice and authoritative guidance, valuable discussion, best practices, hands-on tools, and much more. Follow the link above for details.
This product is also available in an online subscription format that includes the corresponding State and Local Governmental Developments - Audit Risk Alert, content updates and unlimited online access for 1 year. Select the Online Subscription option at the bottom of the page and save!
eBook , 2014
Product# AAGSLG14E
Availability: eBook Download
AICPA Member:$69.00
Your Price:$85.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.