Deferrals

Make deferrals as transparent as assets and liabilities.

No aspect of governmental accounting bewilders those working in the public sector more than the deferred outflows of resources and deferred inflows of resources. From their impacts on financial statements and non-intuitive timing to understanding and applying the specific regulations governing them correctly, deferrals can challenge even the most seasoned public service employee and monopolize energy that would be better spent focusing on core operational activities. CRI’s team of advisors’ unparalleled expertise and specialized knowledge in governmental accounting principles and practices delivers for your entity:

• accurate and compliant financial reporting,
• an independent and objective perspective,
• an applicable understanding of the latest GASB standards,
• internal resource optimization,
• audit preparedness,
• and incomparable training and knowledge transfer to your government’s staff.

Whether you’re a government finance officer, a citizen group, an elected official, or a taxpayer, you can find your way to clarity surrounding deferrals with CRI’s expansive collection of resources and dedicated team of governmental accounting professionals.