Section 7.03. Adoption of standards by reference.

 

(1)  Pursuant to s. 227.21 , Stats., the attorney general and revisor of statutes have consented to the incorporation by reference of the Codification of Governmental Accounting and Financial Reporting Standards, Governmental Accounting Standards Board, 401 Merritt 7, P.O. Box 5116, Norwalk, Connecticut 06856-5116.

(2)  Districts shall comply with the standards incorporated under sub. (1) .

(3)  Interim amendments of the standards will have no effect in the state until such time as this section is correspondingly revised to reflect those changes.

(5)  Copies of the standards in reference are on file in the office of the board, the secretary of state and the legislative reference bureau.

History: Cr. Register, September, 1983, No. 333 , eff. 10-1-83; am. (1), r. (4), Register, April, 1999, No. 520 , eff. 5-1-99; correction in (5) under s. 13.92 (4) (b) 6. , Stats., Register March 2013 No. 687 .

Note

The standards under sub. (1) may be obtained by contacting the Governmental Accounting Standards Board, 401 Merritt 7, P.O. Box 5116, Norwalk, Connecticut 06856-5116. Microsoft Windows NT 6.1.7601 Service Pack 1