Dean Michael Mead
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gasbguy.bsky.social
Dean Michael Mead
@gasbguy.bsky.social
77 followers 28 following 31 posts
Widely acknowledged as a foremost expert in GASB standards for state and local government accounting and financial reporting. Highly sought after speaker and writer, known for an ability to communicate about complex issues in plain language.
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gasbguy.bsky.social
The next meeting of the #GASB is April 29 to May 1. You can watch meetings live or recorded. The agenda:

· Implementation Guidance—Update
· Infrastructure Assets
· Revenue & Expense Recognition
· Subsequent Events
· Technical Plan
· Meeting w/ AICPA State and Local Government Expert Panel
gasb.org
April 24, 2025 at 12:01 PM
gasbguy.bsky.social
The #GASB posted a document for public comment, Severe Financial Stress and Probable Dissolution Disclosures, proposing to replace the standards for #goingconcern with separate evaluations of “severe financial stress” and “probable dissolution.” Here is a thumbnail sketch of the proposal.
In a Nutshell: Severe Financial Stress and Probable Dissolution
On Friday, March 28, the Governmental Accounting Standards Board posted a due process document for public comment: Preliminary Views (PV), Severe Financial Stress and Probable Dissolution Disclosur…
gasbguy.com
March 29, 2025 at 7:20 PM
gasbguy.bsky.social
GASB marked its 40th anniversary in 2024 by issuing five documents, a significant uptick in its activity since the pandemic. Its recent achievements offer valuable insight into what to expect in 2025.

#GASB #GAAP #governmentalaccounting #standardsetting #accountingstandards
GASB: 2024 in Review and What’s Ahead in 2025  | Carr, Riggs & Ingram
GASB just issued five key documents that provide insight into the future of governmental accounting in 2025.
www.criadv.com
February 26, 2025 at 2:52 PM
gasbguy.bsky.social
"Race relations can be an appropriate issue... but only if you want to craft solutions, and not catalogue complaints. If we use the issue appropriately, we can transform it from the cancer of our society into the cure." ~ David Dinkins

#qotd #quotes #positivity #blackhistorymonth
February 10, 2025 at 6:40 PM
gasbguy.bsky.social
“We should measure the prosperity of a nation not by the number of millionaires, but by the absence of poverty, the prevalence of health, the efficiency of the public schools, and the number of people who can [and] do read worthwhile books.” ~ W.E.B. Du Bois

#qotd #quotes #blackhistorymonth
February 8, 2025 at 5:39 PM
gasbguy.bsky.social
“Change will not come if we wait for some other person, or if we wait for some other time. We are the ones we’ve been waiting for. We are the change that we seek.” — Barack Obama

#qotd #quotes #positivity #blackhistorymonth
February 6, 2025 at 2:40 AM
gasbguy.bsky.social
“Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.” ~ Thurgood Marshall

#qotd #quotes #positivity #blackhistorymonth
February 5, 2025 at 3:17 AM
gasbguy.bsky.social
"Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground." ~ Rosa Parks

#qotd #quotes #positivity #blackhistorymonth
February 4, 2025 at 8:54 PM
gasbguy.bsky.social
“Not everything that is faced can be changed; but nothing can be changed until it is faced.” ~ James Baldwin

#qotd #quotes #blackhistorymonth
February 4, 2025 at 11:29 AM
gasbguy.bsky.social
Truth is powerful and it prevails. ~ Sojourner Truth

#qotd #quotes #positivity #truth
February 3, 2025 at 8:16 PM
gasbguy.bsky.social
“Freedom has never been free.” ~ Medgar Evers

#qotd #quotes #blackhistorymonth
February 2, 2025 at 1:54 AM
gasbguy.bsky.social
The essence of warriorship, or the essence of human bravery, is refusing to give up on anyone or anything. ~ Chogyam Trungpa

#qotd #quotes #buddhism #shambhala #positivity #positivequotes
January 31, 2025 at 2:55 AM
gasbguy.bsky.social
Download CRI's GASB Pronouncement Effective Date table to quickly reference pronouncements that are effective for the years ending March 31, 2024, and beyond.

#GASB #CRI #accountingstandards #governmentalaccounting #governmentaccounting #GAAP
GASB Pronouncement Effective Dates | Carr, Riggs & Ingram
A quick guide that references gasb pronouncements and the effective dates for the definitive statement numbers in accounting.
www.criadv.com
January 29, 2025 at 3:10 PM
gasbguy.bsky.social
“I’ve been absolutely terrified every moment of my life—and I’ve never let it keep me from doing a single thing I wanted to do.”—Georgia O’Keeffe

#qotd #quotes #positivity #positivequotes #georgiaokeeffe
January 28, 2025 at 11:43 PM
gasbguy.bsky.social
“Thousands of candles can be lighted from a single candle. Happiness never decreases by being shared.”—Buddha

#qotd #quotes #buddhism #positivity
January 27, 2025 at 9:25 PM
gasbguy.bsky.social
“If there is no struggle, there is no progress.”
— Frederick Douglas

#quotes #quote #qotd #positivevibes #positivity #positivequotes
January 25, 2025 at 5:18 AM
gasbguy.bsky.social
“To love means loving the unlovable. To forgive means pardoning the unpardonable. Faith means believing the unbelievable. Hope means hoping when everything seems hopeless.”—G.K. Chesterton

#quotes #qotd #positivevibes #positivity #positivequotes
January 24, 2025 at 2:30 AM
gasbguy.bsky.social
NFPs navigate a world filled with both opportunities and challenges. To achieve their mission, proactively managing risks is essential. Learn how a tailored Enterprise Risk Management strategy can help safeguard your mission, deter fraud, and strengthen your organization’s impact. #Nonprofit #NFP
Implementing Nonprofit ERM Strategies | Carr, Riggs & Ingram
CRI can help your organization with the process of nonprofit enterprise risk management strategy, including implementing controls.
www.criadv.com
January 22, 2025 at 1:09 PM
gasbguy.bsky.social
“You pray for the hungry. Then you feed them. That’s how prayer works.”—Pope Francis

#positivity #positivevibes #positivequotes #endhunger #feedthehungry
January 21, 2025 at 8:54 PM
gasbguy.bsky.social
90% of the S&P 500’s market value is driven by intangible assets like patents, trademarks, and copyrights. As intellectual property grows in importance, protecting and valuing it correctly can boost your business's value, market share & competitive edge.

#CRIadv #IntellectualProperty #IPValuation
The Growing Importance of Intellectual Property Valuations | Carr, Riggs & Ingram
Intellectual property (IP) valuations have garnered more attention in recent years as the knowledge-based economy has taken hold.
www.criadv.com
January 17, 2025 at 3:37 PM
gasbguy.bsky.social
Navigating global tax regulations can be challenging, especially for businesses involved in cross-border transactions. Mexico has prioritized Transfer Pricing, highlighting the need for strict compliance and thorough documentation. #TransferPricing #InternationalTax #TaxCompliance
Unraveling Transfer Pricing Rules in Mexico | Carr, Riggs & Ingram
Unravel compliance mandates and internal best practices to streamline your international taxation process when navigating Mexico's Transfer Pricing rules.
www.criadv.com
January 16, 2025 at 3:28 PM
gasbguy.bsky.social
The IRS has released the 2025 optional standard mileage rates for deductible vehicle expenses related to business, charitable, medical, or moving purposes. These rates apply to all vehicle types and are effective starting January 1, 2025. #MileageRates #TaxDeductions #IRSUpdates
IRS Issues Standard Mileage Rates for 2025 | Carr, Riggs & Ingram
The IRS has announced the standard mileage rates for business, charitable, medical, and moving purposes for 2025.
www.criadv.com
January 14, 2025 at 5:10 PM
gasbguy.bsky.social
EXTRA, EXTRA!! 📰 📈⁠
⁠
Our January Newsletter is hot off the press! Click the link below and get the inside scoop from CRI. ⁠

www.criadv.com/newsletter-s...
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#CRIadv #taxalert #happynewyear #news
Newsletter Sign-Up | Carr, Riggs & Ingram
Are you interested in Carr, Riggs, and Ingram? Sign up for CRI news about in-depth features of taxes, accounting, auditing, and more.
www.criadv.com
January 13, 2025 at 8:52 PM
gasbguy.bsky.social
Self-employed? Navigating tax season can be tricky, but it doesn't have to be! CRI's latest guide covers everything from deductions to compliance tips to help you manage your taxes like a pro.

#SelfEmployed #TaxTips #TaxPlanning
Tax Concerns for Self-Employed Individuals | Carr, Riggs & Ingram
Taxes for self-employed have more concerns than their W-2 worker counterparts, but these burdens are manageable with the right guidance.
www.criadv.com
January 13, 2025 at 8:46 PM
gasbguy.bsky.social
A nonprofit audit committee can be an important part of any organization’s governance structure. Think of an audit committee as an intermediary between the organization’s external auditor and the management/leadership of the organization.

#Nonprofits #Transparency #Governance #AuditCommittee
3 Common Questions & Answers: Nonprofit Audit* Committee | Carr, Riggs & Ingram
CRI’s not-for-profit team has compiled a list of the three most common questions we’re typically asked about nonprofit audit committees.
www.criadv.com
January 8, 2025 at 3:43 PM