![]() ![]() Entities also should consider vesting, although it is not a separate criterion for recognition (with nonvesting leave meeting the definition of a liability as the entity has an obligation for the portion that will be used as paid leave). These factors include employment policies whether earned leave is or will be become eligible for use or payment historical information about the use, payment, or forfeiture of compensated absences or other information that would affect the estimate, such as situations where historical information is not indicative of future trends or patterns. The GASB provides guidance on what factors entities should assess to evaluate whether settlement is more likely than not to occur.
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