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The Benefits of GASB

GASB Members talk about what the Board does and the benefits its work offers to those who use governmental financial reports.

GASB Chair Quarterly Report

GASB Chair Joel Black provides an update on quarterly activities as well as his reflections on Board activities and priorities. These reports, including the most recent, are available in our Reference Library by quarter.

GASB Outlook

The GASB Outlook is a quarterly e-newsletter designed to keep stakeholders informed about key GASB projects and activities. Click here to subscribe.

Reference Rate Reform

In April 2020, the GASB issued new guidance to assist stakeholders in the transition away from referencing LIBOR—and other interbank offered rates—and toward new reference rates that are more reliable and robust.

Video Vault

Get the latest on what’s going on, what coming up, and how to get involved in GASB projects. The Vault also features interviews with Board members, staff, and GASB@35 featurettes.

GASB Response to COVID-19

The GASB is here to help. This page provides an overview of the Board’s response and selected resources.

Post-Implementation Review

The GASB reviews major Statements after issuance through the post-implementation review (PIR) process.

Financial Reporting Model Reexamination

In July 2020, the GASB issued an Exposure Draft in its reexamination of the Financial Reporting Model. Learn more about the project and how to share your views.

LATEST NEWS

GASB Requests Input on Proposal to Require Disclosures About Certain Governmental Risks [06/30/22]

Media Advisory | Exposure Draft |

GASB Provides Unified Accounting Model for Compensated Absences and Eases Disclosure Burden [06/16/22]

Media Advisory | Statement No. 101 |

GASB Improves and Clarifies Standards for Accounting Changes and Error Corrections [06/13/22]

Media Advisory | Statement No. 100 |

FAF Issues 2021 Annual Report [06/01/22]

Media Advisory | Annual Report |

GASB Posts Paper on Intersection of ESG Matters with Governmental Accounting Standards [05/31/22]

Paper |

GASB Issues Omnibus Statement Addressing Wide Range of Practice Issues [05/09/22]

Media Advisory | Statement No. 99 |

GASB Chair Joel Black Interview with Accounting Today [05/03/22]

Interview |

Financial Accounting Foundation Board of Trustees [05/03/22]

Meeting Notice |

GASB Requests Proposals for 2022 Crain Research Grants [03/10/22]

Request for Research |

FAF Trustees Open Search for Next Board of Trustees Chair [03/01/22]

News Release |

Financial Accounting Foundation Board of Trustees [02/01/22]

Notice of Meeting |

Financial Accounting Foundation Trustees Name Six New and Seven Reappointed Members of the Governmental Accounting Standards Advisory Council (GASAC) [01/18/22]