AICPA Issues Technical Q&As
December 20, 2019
The AICPA has issued technical Q&As addressing (1) Internal Revenue Code (IRC)
Section 163(j) and (2) the GASB’s standard on fiduciary activities.
Technical Q&As 3300.01–.02 provide guidance on IRC Section
163(j) as amended in 2017.
Technical Q&As 6950.23–.24 provide guidance on the changes
made by GASB Statement No. 84, Fiduciary Activities, related to its use in
the evaluation of whether activities are fiduciary in nature.
For more information, see the AICPA’s Web site.