Implementation timeline delayed on new accounting standards, including leases, for Tribes, Tribal Casinos, and other governments

The Governmental Accounting Standards Board today issued Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance.  That’s right – even the GASB is responding to the COVID-19 pandemic.  This is largely due to feedback from governments and their auditors that extra time was needed in light of the current circumstances. Read the […]

What we know about the Paycheck Protection Program now and how it applies to Tribal gaming

Information is current as of May 6, 2020 Eligibility and applying Enterprises with more than 1/3rd of their revenue derived from legal gaming were originally prohibited under existing SBA regulations.  This was modified to less than 50% from legal gambling and under $1m just before the first round of funding was depleted.  The most recent […]