TARC FAQ Sheets:
IGFOA Response to GASB Exposure Drafts:
The Financial
Reporting Entity
Codification of Accounting and Financial Reporting Guidance
Pension Accounting and Financial Reporting
Hierarchy of Generally Accepted Accounting Principles for State and Local Governments
Codification of Accounting and Financial Reporting Guidance
Fund Balance Reporting and Governmental Fund Type Definition
Service Efforts and Accomplishments Reporting
TARC comments on the Financial Accounting Foundation’s Proposed Changes to Oversight, Structure, and Operations of the FAF, FASB and GASB (pdf)
Endowment Funds—Accounting and Reporting for Land and Other Real Property Held as Investments
Pension Disclosure: GASB 25 & 27 Amendment
TARC's RESPONSES TO PRIOR FINANCIAL REPORTING ISSUES - TARC responses from 1995 - 2004
With the collapse of Enron and the federal indictments of numerous CEOs, the public and the media have taken an increased interest in the relationship between organizations and their auditors. Congress took action by passing the Sarbanes-Oxley Act, which attempts to ensure greater auditor independence and oversight. While the act only applies to the private sector, the public sector needs to take notice of the important auditor relationship issues. The IGFOA, through the TARC committee, has been examining issues of auditor selection, rotation, and independence in an attempt to provide members with valuable resources.
Guide to Selecting an Auditor
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Download a sample RFP. Editable sample RFPs available to members in the IGFOA Technical Accounting Exchange - Login
Auditor Relationship Survey Results
IGFOA surveyed Finance Directors and City Managers regarding Auditor Rotation issues. View the results of the Auditor Relationship Survey:
DUPAGE WATER COMMISSION REFUND
TARC Recommendation for Water Commission Refund Recording