GASB 84: Accounting Codes and Guidance Added to Michigan Public School Accounting Manual

The Michigan Department of Education issued an update for GASB 84 to Section II, E.18, of the Michigan Public School Accounting Manual. The section now includes guidance and accounting code changes required to implement GASB 84. Updates were prepared and reviewed by the Michigan Department of Education’s 1022 Committee, of which Yeo & Yeo Principals Jennifer Watkins, CPA, and Kristi Krafft-Bellsky, CPA, are members.

Additional GASB 84 resources:

• Recorded Webinar: How to Implement GASB 84 at Your School District

• White Paper: GASB 84 — Understanding the Statement to Implement Efficiently in Your School District

If you have questions about implementing GASB 84 for your school district, please contact Yeo & Yeo.