The board is accepting comments through April 27 on proposed authoritative guidance related to subsidies in Statement No. 103 ...

Georgia native Alan Skelton will succeed David Bean as director of research and technical activities at the Governmental Accounting Standards Board April 1. Processing Content Bean, who has served as ...

The implementation of GASB Statements 87 and 96 has brought significant changes to how government entities report leases and subscription-based information technology arrangements. A thorough ...

The question of whether pensions and other retirement benefits should be more prominently reported by state and local governments is a burning controversy for the Governmental Accounting Standards ...

Forbes contributors publish independent expert analyses and insights. The real truth about retirement, available only here. My recent article, “Puerto Rico Illustrates Need For New Public Employee ...

In the world of public finance, a long-running debate over what’s included in state and local financial statements is reaching new heights. At issue is the Governmental Accounting Standards Board ...

Governments big and small, state and local, issue them every year. But is there anyone who actually considers even the most well written and stylized Comprehensive Annual Financial Report (CAFR) a ...

1. What is GASB 77 and why does it exist? GASB 77 is an accounting pronouncement applicable to the financial statements of state and local governments. In order for their financial statements to be ...

Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to the many ...

The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the ...