News & Media

Post-Implementation Review Completed on GASB Standard Addressing Capital Asset Impairment, Insurance Recoveries

Norwalk, CT, August 19, 2014—An accounting standard for state and local governments that addresses the impairment of capital assets and insurance recoveries provides important information to users of financial...

News Release | GASB Statement 42 PIR Report |
GASB Response to FAF PIR Report on Statement 42

Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits

Norwalk, CT, July 16, 2014—Registration now is open for two upcoming Governmental Accounting Standards Board (GASB) educational webinars focused on the Board’s recently-issued Exposure Drafts....

News Release  | Course Descriptions and Registration

Registration Opens for Two Educational Webinars on the GASB Proposal on Fair Value Measurement & Application

Norwalk, CT, June 27, 2014—Registration now is open for two upcoming Governmental Accounting Standards Board (GASB) educational webinars focused on the Board’s recently-issued Exposure Draft, Fair Value Measurement and Application....

News Release  | Course Descriptions and Registration

Financial Accounting Foundation Names Washington State Investment Officer Gary Bruebaker to Its Board of Trustees

Norwalk, CT, June 24, 2014—The Financial Accounting Foundation (FAF) today appointed Washington State investment official Gary H. Bruebaker to the FAF Board of Trustees, effective July 1. Mr. Bruebaker currently is the chief investment officer for the Washington State Investment Board in Olympia, Washington....

News Release

The GASB’s OPEB Proposals and Related Resources Are Now Available Online

Norwalk, CT, June 16, 2014—The Governmental Accounting Standards Board (GASB) today published two proposed Statements intended to significantly improve financial reporting by state and local governments of other postemployment benefits (OPEB), such as retiree health insurance....

News Release | Exposure Drafts | OPEB Webpage |
User Article

Financial Accounting Foundation Names Two New Members to Governmental Accounting Standards Advisory Council

Norwalk, CT, May 29, 2014—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of two new members to the Governmental Accounting Standards Advisory Council (GASAC)....

News Release

GASB Proposes Major Improvements for Reporting Health Insurance and Other Retiree Benefits

Norwalk, CT, May 28, 2014—The Governmental Accounting Standards Board (GASB) today voted unanimously to approve two Exposure Drafts proposing significant improvements to financial reporting by state and local governments of other postemployment benefits (OPEB), such as retiree health insurance....

News Release

GASB Issues Exposure Draft on Fair Value Measurement and Application

Norwalk, CT, May 15, 2014—GASB Issues Exposure Draft on Fair Value Measurement and Application

News Release | Exposure Draft

GASB Issues Concepts Statement on Measurement of Assets and Liabilities

Norwalk, CT, April 14, 2014—The Governmental Accounting Standards Board (GASB) today issued Concepts Statement No. 6, Measurement of Elements of Financial Statements, which will guide the GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities....

News Release | Concepts Statement No. 6

GARS “Mobile” Version Now Available for Tablet Devices

Norwalk, CT, April 4, 2014—The Financial Accounting Foundation (FAF) today announced the release of a version of the GASB Governmental Accounting Research System® that has been designed for use on tablet devices....

News Release

GASB Declines to Delay Implementation Date of Pension Standards

Norwalk, CT, March 24, 2014—The Governmental Accounting Standards Board today voted unanimously not to delay the implementation date of GASB Statement No. 68, Accounting and Financial Reporting for Pensions. The requirements of Statement 68 are effective for periods beginning after June 15, 2014....

News Release

GASB Toolkit Helps State and Local Governments Implement New Pension Accounting Standards

Norwalk, CT, March 11, 2014—A new online pension implementation toolkit was released today by the Governmental Accounting Standards Board (GASB)....

News Release

GASB Proposes New GAAP Hierarchy for State and Local Governments and Exposes Entire Implementation Guide for Public Comment

Norwalk, CT, February 27, 2014—The Governmental Accounting Standards Board (GASB) today issued an Exposure Draft, The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments....

News Release

Financial Accounting Foundation Reappoints David E. Sundstrom to a Second Term on the GASB

Norwalk, CT, February 27, 2014—The Financial Accounting Foundation (FAF) today announced that David E. Sundstrom, Sonoma County auditor-controller and treasurer-tax collector, will serve a second term as a member of the Governmental Accounting Standards Board (GASB). His term is effective from July 1, 2014 to June 30, 2019....

News Release

GASB Launches GASB Outlook Quarterly E-Newsletter

Norwalk, CT, February 12, 2014—The Governmental Accounting Standards Board (GASB) today launched the GASB Outlook, a new quarterly, electronic newsletter designed to keep stakeholders informed about key GASB projects and activities....

News Release

GASB Issues Guidance for Implementing Pension Standards

Norwalk, CT, January 30, 2014—The Governmental Accounting Standards Board (GASB) today published an Implementation Guide for the new GASB standards regarding accounting and financial reporting for pensions....

News Release

GASB Resolves Transition Issue in Pension Standards

Norwalk, CT, November 25, 2013—The Governmental Accounting Standards Board (GASB) today issued a Statement regarding the transition provisions of GASB’s new pension standards for state and local governments...

News Release

Financial Accounting Foundation Names Six New Members to the Governmental Accounting Standards Advisory Council

Norwalk, CT, November 25, 2013—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of six new members to the Governmental Accounting Standards Advisory Council...

News Release

Financial Accounting Foundation Names Maryland State Treasurer Nancy K. Kopp to Its Board of Trustees

Norwalk, CT, November 19, 2013—The Financial Accounting Foundation (FAF) today announced that it has appointed Maryland State Treasurer Nancy K. Kopp to the FAF Board of Trustees, effective January 1, 2014....

News Release

FAF Issues Final Policy on GASB Scope of Authority

Norwalk, CT, November 19, 2013—The Financial Accounting Foundation (FAF) Board of Trustees today adopted a new policy that clarifies the characteristics of the information the Governmental Accounting Standards Board (GASB) may incorporate into the financial...

News Release
Final Policy on GASB Scope of Authority

GASB Toolkit Helps Pension Plans Implement New Accounting Standards

Norwalk, CT, November 11, 2013—A new online toolkit designed to help preparers and auditors of state and local government pension plans implement new accounting and financial reporting standards was released today by the Governmental Accounting Standards Board (GASB). The toolkit is available at no cost at the GASB website....

News Release

FAF Issues Updated GASB Annual Bound Editions

Norwalk, CT, November 5, 2013—The Financial Accounting Foundation (FAF) today released an updated print edition of the Governmental Accounting Standards Board’s (GASB) Codification of Governmental Accounting and Financial Reporting Standards....

News Release

GASB Offers Webcasts for Public Board Meetings

Norwalk, CT, October 8, 2013—The Governmental Accounting Standards Board (GASB) today announced that it will provide live video webcasting of the Board’s in-person public meetings, beginning on October 30 and 31. Teleconferences, which are deliberative meetings held by telephone between in-person GASB meetings, will be...

News Release

Governmental Accounting Standards Board Launches New Website

Norwalk, CT, September 30, 2013—The Governmental Accounting Standards Board (GASB) today launched an updated website that features more user-friendly navigation and “plain English” resources that provide extensive background on accounting and financial reporting issues for state and local governments....

News Release

FAF Issues Revised Proposal on GASB Scope of Authority

Norwalk, CT, August 20, 2013—The Financial Accounting Foundation (FAF) Board of Trustees today issued for comment a revised proposal to clarify the characteristics of information that the Governmental Accounting Standards Board (GASB) may incorporate into the financial...

News Release
Revised Proposal

FAF Review Concludes GASB Standards on Risk Financing and Insurance-Related Activity Achieve Their Purposes

Norwalk, CT, August 20, 2013—Two accounting standards established to improve the consistency and comparability in reporting U.S. state and local governments’ insurance activities achieve their purpose....

News Release
Revised Proposal

Registration Opens for September 5 Webcast In Focus: Overview of GASB Proposals for Financial Statement Users

Norwalk, CT, August 19, 2013—Registration is now open for the upcoming Governmental Accounting Standards Board (GASB) webcast, IN FOCUS: Overview of GASB Proposals for Financial Statement Users....

News Release
Course Description and Registration

FAF to Conduct Post-Implementation Review of GASB Standard on Impairment of Capital Assets

Norwalk, CT, July 17, 2013—The Financial Accounting Foundation (FAF) today announced that it will conduct a Post-Implementation Review (PIR) of an accounting and financial reporting standard for state and local governments regarding the impairment of capital assets and insurance recoveries....

News Release

GASB Issues Proposal Addressing Transition Issue in Pension Standards

Norwalk, CT, July 2, 2013—The Governmental Accounting Standards Board (GASB) today issued for public comment a proposed Statement regarding the transition provisions of GASB’s new pension standards for state and local governments....

News Release
Exposure Draft

  • August 19, 2014 Post-Implementation Review Completed on GASB Standard Addressing Capital Asset Impairment, Insurance Recoveries
  • July 16, 2014 Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits
  • June 27, 2014 Registration Opens for Two Educational Webinars on the GASB Proposal on Fair Value Measurement & Application
  • June 24, 2014 Financial Accounting Foundation Names Washington State Investment Officer Gary Bruebaker to Its Board of Trustees
  • June 16, 2014 The GASB’s OPEB Proposals and Related Resources Are Now Available Online
  • May 29, 2014 Financial Accounting Foundation Names Two New Members to Governmental Accounting Standards Advisory Council
  • May 28, 2014 GASB Proposes Major Improvements for Reporting Health Insurance and Other Retiree Benefits
  • May 15, 2014 GASB Issues Exposure Draft on Fair Value Measurement and Application
  • April 14, 2014 GASB Issues Concepts Statement on Measurement of Assets and Liabilities
  • April 4, 2014 GARS “Mobile” Version Now Available for Tablet Devices
  • March 24, 2014 GASB Declines to Delay Implementation Date of Pension Standards
  • March 11, 2014 GASB Toolkit Helps State and Local Governments Implement New Pension Accounting Standards
  • February 27, 2014 GASB Proposes New GAAP Hierarchy for State and Local Governments and Exposes Entire Implementation Guide for Public Comment
  • February 27, 2014 Financial Accounting Foundation Reappoints David E. Sundstrom to a Second Term on the GASB
  • February 12, 2014 GASB Launches GASB Outlook Quarterly E-Newsletter
  • January 30, 2014 GASB Issues Guidance for Implementing Pension Standards
  • November 25, 2013 GASB Resolves Transition Issue in Pension Standards
  • November 25, 2013 Financial Accounting Foundation Names Six New Members to the Governmental Accounting Standards Advisory Council
  • November 19, 2013 Financial Accounting Foundation Names Maryland State Treasurer Nancy K. Kopp to Its Board of Trustees
  • November 19, 2013 FAF Issues Final Policy on GASB Scope of Authority
  • November 11, 2013 GASB Toolkit Helps Pension Plans Implement New Accounting Standards
  • November 5, 2013 FAF Issues Updated GASB Annual Bound Editions
  • October 8, 2013 GASB Offers Webcasts for Public Board Meetings
  • September 30, 2013 Governmental Accounting Standards Board Launches New Website
  • August 20, 2013 FAF Issues Revised Proposal on GASB Scope of Authority
  • August 20, 2013 FAF Review Concludes GASB Standards on Risk Financing and Insurance-Related Activity Achieve Their Purposes
  • August 19, 2013 Registration Opens for September 5 Webcast In Focus: Overview of GASB Proposals for Financial Statement Users
  • July 17, 2013 FAF to Conduct Post-Implementation Review of GASB Standard on Impairment of Capital Assets
  • July 2, 2013 GASB Issues Proposal Addressing Transition Issue in Pension Standards

Media Inquiries

All media inquiries are coordinated through the FAF Communications Department.

Christine L. Klimek

Senior Manager, Media Relations & Executive Communications
(203) 956-3459 | clklimek@f-a-f.org

John C. Pappas

Senior Manager, Media Relations & Constituent Communications
203-956-3440 | jcpappas@f-a-f.org

Jordan C. (Kip) Betz

Manager, Media Relations & Editorial Services
203-956-5201 | jcbetz@f-a-f.org

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Plain-Language Articles

The GASB is committed to communicating in plain-language with its constituents about its standards and standards-setting activities.
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Articles from the GASB Report

This recurring website feature highlights articles from the GASB Report, the GASB’s monthly newsletter.
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Podcasts & Videos

This page provides an archive of GASB video resources, including educational webcasts, podcasts, and videos on a variety of GASB themes.
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