Discussion Post: Special Purpose Entity Reporting
Prior to beginning work on this discussion forum, read Chapters 8, 9, and 10 in the text, and review the Governmental Accounting Standards Board website.
GASB has issued standards regarding special purpose entity reporting. To explore this idea, go to the Governmental Accounting Standards Board website, key in special purpose entity reporting in the search field, and hit enter. Then review GASBS 6 (not the Summary), and summarize this information in your own words. While no specific number of words is required, ensure you adequately cover the material for the class. Assume several paragraphs will likely be needed to summarize this material properly. For details on how to best summarize, review the Writing Center's guide, Quoting, Paraphrasing, & Summarizing.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.