May 1, 2006
The Elephant in the Room: Unfunded Public Employee Health Care Benefits and GASB 45
Authors: Eric S. Berman, CPA, Deputy Comptroller, Commonwealth of Massachusetts and Elizabeth K. Keating, CPA, Ph.D, Lecturer on Law, Harvard Law School, Harvard University This paper will review Statement 45’s potential impact on governments and review existing disclosures in financial reports as...