White Papers

Created in 1953, the California Committee on Municipal Accounting (CCMA) is comprised of representatives of the California Society of Certified Public Accountants (CalCPA) and the League of California Cities. Its purpose is to provide issuers, auditors and other interested parties with guidance on issues that may have unique circumstances to local governments in California in implementing generally accepted accounting principles. The following “white papers” have been issued by the CCMA:

• Accounting and Financial Reporting for Loans between California Cities and Related Redevelopment Agencies (12/28/2009)
  (PDF format - 32kb) One of the most significant transactions occurring between California cities and their redevelopment agencies is loans (or advances) from the City to the redevelopment agency.... « more »
  
• Accounting for Local Revenue Realignments (12/28/2009)
  (PDF format - 529kb) The California State Association of County Auditors has issued "SB 1096 Guidelines (Uniform Guidelines for the Implementation of Senate Bill No. 1096 as Amended by... « more »
  
• Accounting for Prop 1A State Borrowing (5/19/2010)
  CCMA, the California Committee on Municipal Accounting, has issued a white paper to provide accounting and financial reporting guidance to local governments affected by the... « more »
• Application of Revenue Recognition Criteria Set Forth in GASB no. 33 (12/28/2009)
  (PDF format - 45kb) The Governmental Accounting Standards Board (GASB) issued Statement No. 33 in December 1998, which addresses reporting the results of nonexchange transactions by state and local... « more »
  
• CCMA Members (12/28/2009)
  (DOC format - 34kb)
  
• CCMA White Paper: Accounting and Financial Reporting (12/28/2009)
  (PDF format - 232kb) The Governmental Accounting Standards Boards (GASB) issued Statement 45 (June 2004) (OPEB) to establish measurement, recognition, and display standards for postemployment benefits other than pensions... « more »
  
• CCMA WHITE PAPER: Accounting for Pensions by State and Local Governmental Employers (12/28/2009)
  (PDF format - 622kb) The Governmental Accounting Standards Board (GASB) issued Statement 27 (November 1994) to establish measurement, recognition, and display standards for pension expenditures/expense and related liabilities, assets,... « more »
  
• CCMA WHITE PAPER: Agreed-upon Procedures (12/28/2009)
  (PDF format - 34kb) In 1991, the League of California Cities presented in its publication entitled Article XIII-B Appropriations Limitation Uniform Guidelines an example of the wording recommended by... « more »
  
• CCMA WHITE PAPER: Agreed-upon Procedures Applied to Investment Portfolios of Local Governments (12/28/2009)
  (PDF format - 39kb) On occasion, a local government may request that its auditor perform specific additional procedures relating to its investment portfolio. In 1997, a CCMA white paper... « more »
  
• CCMA WHITE PAPER: Classification of Typical California City Revenues Under GASB No. 34 (12/28/2009)
  (PDF format - 52kb) The Governmental Accounting Standards Board (GASB) issued Statement No. 34 in June of 1999, which established new financial reporting requirements for state and local governments... « more »
  
• Example Disclosures for California Local Government (12/28/2009)
  (PDF format - 671kb) In March 2003, GASB issued GASB Statement No. 40, Deposit and Investment Risk Disclosures. GASB No. 40 is effective for periods beginning after June 15,... « more »
  
• Recommendations Regarding the Application of GASB no. 44 (12/28/2009)
  (PDF format - 1812kb) In May 2004, GASB issued GASB Statement No. 44, Economic Condition Reporting: the Statistical Section. GASB No. 44 significantly changes the content and presentation of... « more »