 |
|
|
|
|
|
 |
|
What's Happening from Environmental Building News
November 1, 2006
Governments See New Accounting Rules for Brownfields
A new rule announced by the Governmental Accounting Standards Board (GASB) will codify the responsibility of local and state governments to disclose their financial liabilities associated with polluted properties. GASB is a private nonprofit that sets the generally accepted accounting principles (GAAP) for most state and local governments; rules for the federal government and for the private sector are set by other organizations, which are moving in a similar direction. The rule, which is now in a comment period and will be effective beginning in December 2007, is part of a decade-long move by GASB to require that balance sheets show capital assets and debts as well as cash and receivables....
To read the complete article, please login below.
This article is available to members of BuildingGreen Suite
Join now for access to the entire website.
Membership in BuildingGreen Suite gives you access to all of the product descriptions, articles, project case studies, and other content on BuildingGreen.com. Regular individual membership costs $199.00 per year, however many membership options are available.
More about the benefits of membership...
|
|
|
|
|
|
|
|
|
|
|