News

The Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board, is adding a place on its website where people can raise ...
The Governmental Accounting Standards Board proposed guidance Monday on various accounting and financial reporting issues that were identified during implementation, application, and due process on ...
The Governmental Accounting Standards Board (GASB) issued guidance addressing numerous accounting and financial reporting issues identified during the implementation and application of certain GASB ...
The guide includes amendments to previously issued implementation guidance on leases. According to the news release, GASB periodically issues new and updated guidance to assist state and local ...
The study, commissioned in May 2011 by GASB's overseer, the Financial Accounting Foundation, was led by three professors with governmental expertise from different universities who worked as a team.
Established in 1984, the GASB is the independent, private-sector organization based in Norwalk, Connecticut, that establishes accounting and financial reporting standards for U.S. state and local ...