ARP Accounting and Financial Reporting in North Carolina

Published for Death and Taxes on October 21, 2022.

Accounting and financial reporting guidance for American Rescue Plan monies seems to be a never-ending soap opera with constant twists and turns.  While there is extensive GAAP-guidance for government mandated nonexchange transactions related to asset, liability, revenue, and expense/expenditure recognition, it has proven more challenging to readily fit all the square evolving ARP guidelines and […]

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Topics - Local and State Government