GASB, Financial Accounting Standards Board.

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. Feature Pane - GASB Outlook More Link
Reference Rate Reform
Reference rate reform refers to the global transition away from referencing LIBOR—and other interbank offered rates—and toward new reference rates that are more reliable and robust. Reference Rate Reform - Feature Pane - More Link
Financial Reporting Model Reexamination
In September 2018, the GASB issued a Preliminary Views in its Financial Reporting Model project. The Board has also proposed new concepts for developing standards on recognition in financial statements. Financial Reporting Model Reexamination -Feature Pane - More Link
Revenue and Expense
In January 2018, GASB issued an Invitation to Comment (ITC) for public feedback on the development of a comprehensive revenue and expense recognition model for state and local governments. Feature Pane - Revenue and Expense - More Link
Academics and the GASB
This new webpage is designed to inform academics about what we do to assist with your research and teaching activities and to make it worthwhile to voice your opinions. Feature Pane - Academics More Link
Leases
In June 2017, the GASB established new guidance that establishes a single approach to accounting for and reporting leases by state and local governments. The approach is based on the principle that leases are financings of the right to use an underlying asset.
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Other Postemployment Benefits
Information about Statements 74 & 75 on other postemployment benefit accounting and financial reporting for government employers and OPEB plans.
Feature Pane - OPEB More Link
Pensions
Information about the Statements 67 & 68 on pension accounting and financial reporting for government employers and pension plans.
Feature Pane - Pensions More Link
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. Feature Pane - Video Vault More Link

LATEST NEWS

GASB Issues Guidance for Transition from Interbank Offered Rates [04/02/20]

GASB to Consider Postponing Effective Dates of Certain Statements and Implementation Guides [03/26/20]

Media Advisory

Financial Accounting Foundation Announces Three New Members of the Governmental Accounting Standards Advisory Council (GASAC) [03/11/20]

Media Advisory

GASB Issues Proposal Addressing Certain Component Unit Criteria and Section 457 Deferred Compensation Plans [03/09/20]

GASB Requests Proposals for Crain Research Grants [03/06/20]

Gilbert W. Crain Memorial Research Grant

John W. Auchincloss Named Executive Director, Financial Accounting Foundation [02/27/20]

News Release

GASB Issues Proposal to Enhance Concepts for Notes to Financial Statements [02/21/20]

Financial Accounting Foundation Board of Trustees [02/10/20]

Notice of Meeting

GASB Issues Omnibus Statement Addressing Wide Range of Practice Issues [02/05/20]

GASB Outlook E-Newsletter Winter 2020 [02/04/20]

Newsletter

Financial Accounting Foundation Announces Search for New Member of Governmental Accounting Standards Board [01/23/20]

News Release

Joel M. Black Appointed Chair of the Governmental Accounting Standards Board [01/07/20]

News Release

FEATURED VIDEO

This video looks at why the GASB is working to improve the information governments report on revenues and expenses so you can stay better informed and make better-informed judgments.

Link to Video & Podcasts

GASB Outlook

Reference Rate Reform

Financial Reporting Model Reexamination

Revenue and Expense

Academics and the GASB

Leases

Other Postemployment Benefits

Pensions

Video Vault

LATEST NEWS

FEATURED VIDEO

QUICKLINKS