GASB STATEMENT NO. 69 GOVERNMENT COMBINATIONS AND DISPOSALS OF GOVERNMENT OPERATIONS
Understand the unique conditions present in government combinations and disposals addressed in GASB Statement No. 69. Historically, when combinations occurred in the governmental environment, the guidance of APB Opinion 16, Business Combinations was used, followed by FASB Statement No. 141, Business Combinations, later revised, and FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions.