Fiscal Leadership for Georgia

Accounting Policies Updates

May 18, 2015

The following Policies have been updated in the Accounting Policy Manual. These policies have been updated for any comments, if applicable, received during the 30-day comment period. Please note that these policies are effective as of July 1, 2015:

  • Claims, Judgments, and Accounting for Contingencies
  • Control/Clearing Accounts – Balancing Requirements
  • Elements of Financial Statements
  • Lessee Accounting

To view the new policy announcement memo please click on link below.