GASB, Financial Accounting Standards Board.

ADVANCED SEARCH

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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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
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

LATEST NEWS

GASB Proposes New Implementation Guidance to Assist Stakeholders with Application of its Pronouncements [11/27/18]

Financial Accounting Foundation Board of Trustees [10/30/18]

Notice of Meeting

Registration Opens for CPE Webinar IN FOCUS: GASB Preliminary Views, Financial Reporting Model Improvements [10/16/18]

GASB Forms Working Group to Address Tribal Government Accounting and Financial Reporting Alternatives [10/09/18]

News Release

GASB Issues Proposals Designed to Improve Government Financial Reports and Establish Recognition Concepts [09/28/18]

GASB Outlook E-Newsletter Q3 2018 [09/24/18]

Newsletter

FASB and GASB to Cohost IN FOCUS: Not-for-Profit and Governmental Accounting Webcast for Academics [09/10/18]

An Interview with David Vaudt, Chairman of the GASB
Article from the October 2018 Risk Management Association Journal [09/05/18]

Article

GASB Clarifies Guidance
on Majority Equity Interests [09/04/18]

GASB Proposes Improvements to Reporting of
Conduit Debt Obligations [08/06/18]

From the President's Desk—Independence Day Special Issue [06/28/18]

Column

GASB Establishes New Guidance for Interest Cost
Incurred Before the End of a Construction Period [06/22/18]

FEATURED VIDEO

Your feedback is a critical element of the GASB reaching well informed decisions. We are very thankful for your participation in our due process. Please take a look a this brief video on the matching principal/interperiod equity before you comment.

Link to Video & Podcasts

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