GASB Statement 91, Conduit Debt Obligations, establishes consistent recognition, measurement, and disclosure between governments. This article provides details on this newly effective guidance, which clarifies the existing definition of a conduit debt obligation, establishes a single method of reporting for issuers, and enhances note disclosures.
Ready For GASB’s New Conduit Debt Obligation Rules?
GASB • December 21, 2022
GASB Statement 91, Conduit Debt Obligations, establishes consistent recognition, measurement, and disclosure between governments. Read on for details.
