Categorized in: Announcements BARS Local governments

Tags: BARS ManualGAAP

Published: December 22, 2020

The GAAP and Cash Basis BARS Manuals have been updated!

The Overview of Changes contains detailed descriptions of the changes and links to the appropriate sections of the Manuals. Please refer to the Alerts and Changes tab for determining which revisions might affect your 2020 annual reporting.

There is a new section in both manuals called “Determining Fiduciary Activities to be Reported in Custodial Funds” to assist governments in determining custodial fund activity.

If you missed the 2020 BARS Update webinars, you can find the recorded trainings on the eLearnings section of the Training and Workshops page.

Still in the works

The Reporting Templates page is in the process of being updated. Templates for Pension and OPEB reporting will be coming soon.

The Online Annual Financial Report Filing System for calendar year end governments is NOT available. You will be notified in January 2021 when the filing system for December 31, 2020, reporting is available. Remember – your annual report filing for the fiscal year ending December 31, 2020, is required by Sunday, May 30, 2021.

For more information

If you have any questions regarding the BARS update, please send us a HelpDesk.

For questions regarding Annual Filing and Online Reporting, please contact Kayley Pagio at LGCSFeedback@sao.wa.gov.

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Categorized in: Announcements BARS Local governments

Tags: BARS ManualGAAP