Demystifying Deferrals

A popular refrain in the world of governmental accounting is, ‘No one understands deferrals.’ Deferred outflows of resources and deferred inflows of resources are unique to state and local government accounting and can be confusing. Join CRI partners Becky Hammond, Rob Lemmon, and Dean Mead as they clear away the fog that envelops accountants, auditors, finance officers, academics, and others whenever deferrals are mentioned. This informative webinar will explain in plain, non-technical terms what deferrals are, where they came from, why they are important, and what they say about a government’s finances.

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