Standards regarding special purpose entity reporting

Review the Governmental Accounting Standards Board website. GASB has issued standards regarding special purpose entity reporting. To explore this idea, go to the Governmental Accounting Standards Board https://www.gasb.org/home website, key in the search field, and hit enter. Then review GASBS 6 (not the Summary), and summarize this information in your own words. While no specific number of words is required, ensure you adequately cover the material for the class. Assume several paragraphs will likely be needed to summarize this material properly. References Copley, P. A. (2017). Essentials of accounting for governmental and not-for-profit organizations (13th ed.). Retrieved from https://www.mheducation.com