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CPA Practice Advisor · Dec 17, 2025

GASB Provides New Guidance on Reporting of Subsequent Events

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 GASB Provides New Guidance on Reporting of Subsequent Events. General industry update.

Summary

The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.

Classification

Category: backgroundPriority: informationalReason: General tax news

Affected Groups

All tax practitioners

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article

Bottom Line

Summary

Classification

Affected Groups

Related Topics

Original Source