GASB 66 - Technical Corrections 2012

Technical Corrections - 2012 - is an amendment of GASB Statements No. 10 and No. 62 (GASB 66), to resolve conflicting accounting and financial reporting guidance that resulted from the issuance of two prior pronouncements: Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions (GASB 54), and Statement No. 62, Codification of Accounting and Financial Reporting Guidance Contained in Pre November 30, 1989 FASB and AICPA Pronouncements (GASB 62)