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Physical Inventory and Asset Tracking Industry Focus – State and Local Government

by Verasset | May 7, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, GASB34, Latest News, Physical Inventory

Governmental Accounting Standards Board (GASB) Statement 34, also known as GASB34, is a lengthy regulation related to financial reporting for state and local governments. GASB34 requires that state and local governments file comprehensive annual financial reports. The...

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