Thursday, July 21, 2016

What does a GASB Financial Statement look like?

 Since KRS 91A.040(6)(c) requires the GASB compliant Financial Statements to be made part of the City's annual audit report, the quick way to find one is to go to a recent audit report for an example of what a GSAB Financial Statement looks like. Unfortunately Richards & Richards have not commissioned or produced an audit report for FY 2014-2015, so we have to go back to the last audit report produced by the Fowler administration for FY 2013-2014:

These Financial Statements for the City of West Buechel are extracted from the City's FY 2013-14 audit report. They were produced by Jonathan Michael Smith.

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Tom Fox, J. D.
Southern Specialty Law Publishing Company
Louisville, Kentucky

A division of Accountable Kentucky Incorporated
a Kentucky Non-profit corporation
AccountableKY.org

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This is not legal advice and I am not a lawyer.

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