News & Media

GASB Changes Name of Report to "Annual Comprehensive Financial Report"

Norwalk, CT, October 19, 2021—The Governmental Accounting Standards Board (GASB) today issued a pronouncement that changes the name of the most extensive report prepared following its standards to the annual comprehensive financial report or ACFR. Until now, the name applied to those reports was the comprehensive annual financial report....

Media Advisory | Statement No. 98

Financial Accounting Foundation Trustees Announce Appointment of New Chair of the Governmental Accounting Standards Advisory Council (GASAC)

Norwalk, CT, August 24, 2021—The Board of Trustees of the Financial Accounting Foundation (FAF) announced today the appointment of Elizabeth (Beth) Pearce as Chair of the Governmental Accounting Standards...

Media Advisory

GASB Issues Proposal to Enhance Concepts for Notes to Financial Statements

Norwalk, CT, July 20, 2021—The Governmental Accounting Standards Board (GASB) today issued a proposed Concepts Statement to guide the Board when establishing note disclosure requirements for state and local governments....

Media Advisory | Revised Exposure Draft

GASB Proposes Omnibus Statement Addressing Wide Range of Practice Issues

Norwalk, CT, July 19, 2021—The Governmental Accounting Standards Board (GASB) has proposed guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements or during the due process on other pronouncements....

Media Advisory | Exposure Draft

GASB Provides Guidance to Assist Stakeholders with Application of Its Pronouncements

Norwalk, CT, June 2, 2021—The Governmental Accounting Standards Board (GASB) today issued implementation guidance in the form of questions and answers intended to clarify, explain, or elaborate on certain GASB pronouncements....

Media Advisory | Implementation Guide 2021-1

GASB Requests Input on Proposed Improvements to Guidance for Accounting Changes and Error Corrections

Norwalk, CT, June 1, 2021—The Governmental Accounting Standards Board (GASB) today issued a proposal designed to improve the accounting and financial reporting requirements for accounting changes and error corrections....

Media Advisory | Exposure Draft | Video
  • October 19, 2021 GASB Changes Name of Report to "Annual Comprehensive Financial Report"
  • August 24, 2021 Financial Accounting Foundation Trustees Announce Appointment of New Chair of the Governmental Accounting Standards Advisory Council (GASAC)
  • July 20, 2021 GASB Issues Proposal to Enhance Concepts for Notes to Financial Statements
  • July 19, 2021 GASB Proposes Omnibus Statement Addressing Wide Range of Practice Issues
  • June 2, 2021 GASB Provides Guidance to Assist Stakeholders with Application of Its Pronouncements
  • June 1, 2021 GASB Requests Input on Proposed Improvements to Guidance for Accounting Changes and Error Corrections

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(203) 956-3459 | clklimek@f-a-f.org

Jordan C. (Kip) Betz

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Dana Freeman

Senior Manager, Communications
(203) 956-5279 | dfreeman@f-a-f.org

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