Governmental Gaming Entities (Chapter 12) • GAAP Hierarchy (GASB 76) • Allocation of Assets & Liabilities (Tribe vs. Casino) • Reporting of Transactions Between Tribe & Casino • Asset Impairments • GAAP Determination for Transactions
53
Other Gaming Guide Highlights • Other casino industry issues including currency transaction reporting, managing properties for third parties, guarantees, long-lived assets and impairments, accounting uniforms and other long-lived stock assets.
• The new Guide illustrates financial statements with footnote disclosures for FASB and GASB entities.
• Background information on rules of games.
54
BlueBird CPAs
27
Made with FlippingBook - Online catalogs