On January 8, 2024, GASB issued Statement 102, Certain Risk Disclosures, requiring governments to disclose information about certain concentrations or constraints that could affect services provided or the ability to meet obligations as they come due. This article provides details on the new guidance, which includes four nonauthoritative examples of concentrations and constraints.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars.