GASB, Financial Accounting Standards Board.

ADVANCED SEARCH

GASB Response to COVID-19
The GASB is here to help. This page provides an overview of the Board’s response and selected resources. GASB Response to COVID-19 -Feature Pane - More Link
Revenue and Expense
In June 2020, the GASB issued a Preliminary Views proposal in its project to develop a comprehensive model for recognizing expenses and revenues. Learn more about the project and how to share your views. Feature Pane - Revenue and Expense - More Link
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
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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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 Offers Grants for Research on Severe Financial Stress [08/12/20]

Request for Research

Financial Accounting Foundation Board of Trustees [08/03/20]

Notice of Meeting

GASB Requests Input on Proposals to Improve Key Components of Government Financial Reports [07/24/20]

GASB Adds Resources to Emergency Toolbox Addressing Issues Arising from COVID-19 Pandemic [07/20/20]

Stakeholder Advisory

GASB Releases Accounting and Financial Reporting Guidance Related to the Cares Act and Coronavirus Diseases [07/02/20]

GASB Requests Input on Revenue and Expense Recognition Proposals [06/30/20]

GASB Proposes Concepts for Recognition of Financial Statement Elements [06/30/20]

Financial Accounting Foundation Appoints Dianne Ray to Governmental Accounting Standards Board [06/23/20]

Media Advisory

GASB Issues Guidance on Certain Component Unit Criteria and Section 457 Deferred Compensation Plans [06/23/20]

GASB to Hold July 28 Virtual Public Hearing on Proposal to Enhance Concepts for Notes to Financial Statements [06/18/20]

Stakeholder Advisory

GASB Proposes Application Guidance on Cares Act and Coronavirus Diseases Issues [06/11/20]

GASB Issues Guidance on Cloud Computing and Similar Subscription-Based IT Arrangements [06/05/20]

FEATURED VIDEO

Take a few minutes to get to know new GASB Chair Joel Black.

Link to Video & Podcasts

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