Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS?

Some of the GASB recent standards are replacement of interbank offered rates, irrevocable split-interest agreements, certain debt extinguishment issues, omnibus 2020, and majority equity interest. These amendments aim at improving and providing essential information about the financial statement about the capital assets and the related cost of acquiring loans. The improvements will allow GERS to minimize the problem of underfunding because it will have insight into the expected fund status.

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Academic.Tips. (2022) 'Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS'. 9 October.

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Academic.Tips. (2022, October 9). Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS? https://academic.tips/question/identify-and-explain-at-least-five-of-the-most-recent-gasb-standards-that-have-been-used-to-address-the-current-trend-of-pension-underfunding-how-does-these-standards-impact-the-gers/

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Academic.Tips. 2022. "Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS?" October 9, 2022. https://academic.tips/question/identify-and-explain-at-least-five-of-the-most-recent-gasb-standards-that-have-been-used-to-address-the-current-trend-of-pension-underfunding-how-does-these-standards-impact-the-gers/.

1. Academic.Tips. "Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS?" October 9, 2022. https://academic.tips/question/identify-and-explain-at-least-five-of-the-most-recent-gasb-standards-that-have-been-used-to-address-the-current-trend-of-pension-underfunding-how-does-these-standards-impact-the-gers/.


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Academic.Tips. "Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS?" October 9, 2022. https://academic.tips/question/identify-and-explain-at-least-five-of-the-most-recent-gasb-standards-that-have-been-used-to-address-the-current-trend-of-pension-underfunding-how-does-these-standards-impact-the-gers/.

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"Identify and explain at least five of the most recent GASB standards that have been used to address the current trend of pension underfunding. How does these standards impact the GERS?" Academic.Tips, 9 Oct. 2022, academic.tips/question/identify-and-explain-at-least-five-of-the-most-recent-gasb-standards-that-have-been-used-to-address-the-current-trend-of-pension-underfunding-how-does-these-standards-impact-the-gers/.

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