Wiley GAAP for Governments 2020

15DEBT AND OTHER OBLIGATIONS

• Overview of the Accounting for Debt and Other Obligations
• Debt Disclosures Under GASB 88
  • Effective Date
• Demand Bonds
• Advance Refundings
  • GASB Statement No. 86—Certain Debt Extinguishment Issues (GASBS 86)
    • Accounting and Financial Reporting for In-Substance Defeasance of Debt Using Only Existing Resources
    • Prepaid Insurance Related to Extinguished Debt
    • Notes to Financial Statements for In-Substance Defeasance Transactions
• Bond, Revenue, and Tax Anticipation Notes
• Special Assessment Debt
• Conduit Debt Obligations
  • Definition of a Conduit Debt Obligation
  • Limited, Additional, and Voluntary Commitments Extended by Issuers Associated with Conduit Debt Obligations
  • Recognition and Measurement
  • Recognition and Measurement in Financial Statements Prepared Using the Economic Resources Measurement Focus
  • Recognition and Measurement in Financial Statements Prepared Using the Current Financial Resources Measurement Focus
  • Arrangements Associated with Conduit Debt Obligations General Attributes
    • Issuer Relinquishes Title at the End of the Arrangement at Which Time the Conduit Debt Obligation Generally Has Been Paid Off
    • Issuer Retains Title and Third-Party Obligor Has Exclusive Use of the Entire Capital Asset Until the End of the Arrangement
    • Issuer Retains Title and Third-Party Obligor Has Exclusive Use of Portions of the Capital Asset Until the End of the Arrangement
  • Notes to Financial Statements
  • Effective Date
• Pollution Remediation Obligations
  • Recognition ...