The Professional Standards Committee is comprised of municipal and commercial members whose mission is to keep members informed of emerging issues and best practices through “Committee Highlights”. The following is a list of Committee Highlights that have been published to-date.
Accounting and Financial Reporting
- White Paper on the Implementation of GASB 75 (March 2019)
- Proposed GASB Technical Bulletin on CARES Act and COVID-19 (June 2020)
- New Implementation Guidance on Lease Accounting (August 2019)
- New GASB Implementation Guide No. 2019-1 (June 2019)
- GASB Statements 95, 96 and 97 (June 2020)
- GASB Exposure Draft Postponement of Effective Dates (April 2020)
- GASB Exposure Draft Implementation Guidance on Leases (March 2019)
- COVID-19 Financial Reporting Considerations (May 2020)
- White Paper on the Implementation of GASB 84 (April 2020)
- GASB Omnibus Draft, Deferred Compensation Exposure Draft and Implementation Guidance on Fiduciary Activities (July 2019)
- GASB Exposure Draft on Financial Reporting Model Improvements (September 2020)
- GASB Public Hearings on the Financial Reporting Model Improvements Exposure Draft (March 2021)
- ARPA Reporting Guidance and Revenue Recognition (June 2021)
- Government Industry Alert Coronavirus State and Local Fiscal Recovery Funds (September 2021)
- GASB Changes Name of Report to Annual Comprehensive Financial Report (November 2021)
- Government Industry Alert on GASB 87 – Leases (March 2022) Revised (May 2022)
- CSLFRF Alternative Engagement (July 2022)
- GASB Statements 99, 100 and 101 (July 2022)
Treasury and Investment Management
- Collateralizing Public Deposits (November 2019)
- Senate Bill No. 998 – Local Government Investments (November 2020)
- Quick Hits Video on Expanded Access to Private Market Securities for State and Local Governments (June 2021).
Capital Finance and Debt Administration
- New Amendments to SEC Rule 15c2-12 (May 2019)
- Annual Debt Transparency Report (April 2019)
- Assembly Bill 2107 – Securitized Limited Obligation Notes (December 2020).
- CDIAC Video Series on Public Debt Financing
Grant Management
- Unique Entity Identifiers for Sam (February 2020)
- Additional Single Audit Guidance Related to COVID-19 Awards (January 2021)
- 2021 RAISE Grants Notice of Funding Opportunity (April 2021)
- ARPA Reporting Guidance and Revenue Recognition (June 2021)
Other Matters
- Fraud Hotlines (February 2019)
- GFOA Urges Action Against AICPA Proposal (April 2020)
- New Accessory Dwelling Unit Legislation (January 2020)
- Special Local Taxes by Voter Initiative (August 2020)
- The Long-term Impact of COVID-19 on Actuarial Assumptions (September 2021)
- New Restrictions on Development Impact Fees on Housing (December 2021)
- Quick Hits Video – The Road Ahead for Managing Rising Pension Costs (December 2021)