David Vaudt is ending his seven-year term as chairman of the Governmental Accounting Standards Board on June 30. David Vaudt’s last day as chairman of the Governmental Accounting Standards Board is ...
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 ...
As state and local governments move through 2026 financial reporting cycles, GASB Statement No. 103 is no longer just on the horizon, it is here. Effective for fiscal years beginning after June 15, ...
The US Governmental Accounting Standards Board (GASB) is seeking feedback on a Discussion Memorandum on how generally accepted accounting principles (GAAP) for US state and local governments should be ...
The Financial Accounting Foundation’s Board of Trustees, who oversee the Governmental Accounting Standards Board and the Financial Accounting Standards Board, has adopted a new policy clarifying the ...
New lease accounting standards will dramatically affect the way governmental entities record leases on their financial statements. The Governmental Accounting Standards Board Statement Number 87(GASB ...
GASB has decided to undertake a major project on accounting and financial reporting for going concern uncertainties and severe financial stress. GASB issued a revised proposal that describes concepts ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. State and local government finance officials across the ...
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 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 ...
ATLANTA--(BUSINESS WIRE)--LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced the launch of its latest solution to meet the needs of GASB 96 ...
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