MEDIA ADVISORY 09/08/11

Deadlines Draw Near to Register for GASB User Forums and Public Hearings on Pension Accounting and Financial Reporting Proposals

Norwalk, CT, September 8, 2011—The Governmental Accounting Standards Board (GASB) is reminding stakeholders that registration deadlines are drawing near to participate in upcoming user forums and public hearings on proposals to improve pension accounting and financial reporting.

The GASB has scheduled three forums specifically for users of governmental financial information to offer feedback on its two Exposure Drafts, Accounting and Financial Reporting for Pensions, an amendment of GASB Statement No. 27, and Financial Reporting for Pension Plans, an amendment of GASB Statement No. 25. The forums will be held at the following locations:

  • October 4, 2011, in East Elmhurst, New York (LaGuardia Plaza Hotel, 104-04 Ditmars Boulevard)
     
  • October 14, 2011, in San Francisco, California (Sir Francis Drake Hotel, 450 Powell Street)
     
  • October 21, 2011, in Chicago, Illinois (Renaissance Chicago O’Hare, 8500 West Bryn Mawr Avenue).
Those who wish to participate in one of the user forums should notify the GASB by e-mailing Ragan Vincent at rpvincent@gasb.org no later than September 20 for the New York forum, and September 30 for the San Francisco and Chicago forums.

In addition, the GASB will host public hearings at the same locations listed above on October 3 (New York), October 13 (San Francisco), and October 20 (Chicago). All of the public hearings are scheduled to begin at 8:30 a.m. local time. Stakeholders who wish to speak at a hearing should notify the GASB of their intent in writing and submit a copy of their comments to director@gasb.org or by writing the Director of Research and Technical Activities, GASB, 401 Merritt 7, P.O. Box 5116, Norwalk, CT, 06856-5116. Information should be submitted no later than September 20 for the New York hearing and September 30 for the San Francisco and Chicago hearings.

Participant requirements can be found in the Notice of Public Hearing in the Exposure Drafts, which are available free of charge at www.gasb.org.


About the Governmental Accounting Standards Board

GASB is the independent, not-for-profit organization formed in 1984 that establishes and improves financial accounting and reporting standards for state and local governments. Its seven members are drawn from the Board’s diverse constituency, including preparers and auditors of government financial statements, users of those statements, and members of the academic community. More information about the GASB can be found at its website www.gasb.org.