2018 Technical Bulletins

2018-001 The Consumer Price Index (CPI) bulletin for years ranging from 1935 to 2017 that may be used for preparing financial statements in accordance with Generally Accepted Accounting Principles.

Additional information can be obtained from the Bureau of Labor Statistics at http://stats.bls.gov. If you have any questions regarding the information in this Bulletin, contact the Local Government Services staff of the State Auditor’s Office.

2018-002 Governmental Accounting Standards Board (GASB) Statement No. 75

Governmental Accounting Standards Board (GASB) Statement No. 75, “Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions,” includes guidance for reporting other postemployment benefits (OPEB) liabilities. GASB 75 addresses accounting for defined benefit and defined contribution OPEB plans. This bulletin provides an overview of GASB 75 requirements for financial statement preparation and footnote disclosure, including examples and audit considerations. If you have any questions regarding the information presented in the bulletin, contact the Local Government Services staff of the State Auditor’s Office.

2018-003 House Bill 312 Amendments to Regulate the Usage of Credit and Debit Card

House Bill 312 amended the Ohio Rev. Code to regulate the use of credit and debit cards. The credit card requirements apply to all political subdivisions, except colleges and universities and counties. The debit card requirements apply to all political subdivisions, except law enforcement. This bulletin describes these requirements, including summaries of entity-specific guidance. Questions may be emailed to the Center for Audit Excellence.