Project Pages

Statistical Section

Primary Objective: The purpose of this project was to assess the continued usefulness of the information required to be presented in the statistical section of a government’s annual financial report (AFR) and to update the standards to provide guidance regarding how to incorporate the government-wide full accrual information required by GASB Statement 34. The statistical section review was a part of the Economic Condition Reporting project, the objective of which is to determine if additional information on the elements of “economic condition” should be required in/or with basic financial statements, and/or encouraged to be provided in other forms of financial reporting.

Status: The Guide to Implementation of GASB Statement 44 on the Statistical Section was published in December 2005.