The American Institute of Certified Public Accountants has released the latest edition of the Practice Aid Applying Special Purpose Frameworks in State and Local Governmental Financial Statements authored by firm Chairman Mike Crawford. Mike authored the original Practice Aid (formerly titled Applying OCBOA in State and Local Governmental Financial Statements) in 2003 and updated the Aid in 2012 and now again in 2015. The Practice Aid provides accounting, financial statement preparation and auditor reporting guidance for governmental entities electing or required to apply a special purpose framework, such as cash basis, modified cash basis or regulatory basis of accounting in the preparation of their financial statements.

The 2015 edition of the Practice Aid is available for purchase from the AICPA Store.