GASB issued guidance Wednesday that seeks to improve the financial reporting requirements for infrastructure assets, ...

The draft aims to revise and tighten financial reporting requirements for infrastructure assets.

NORWALK, Conn.--(BUSINESS WIRE)--The Governmental Accounting Standards Board (GASB) today voted unanimously to approve two Statements that will significantly improve the accounting and financial ...

The Governmental Accounting Standards Board released an updated standard Tuesday to improve some of the main components of the financial reporting model for state and local governments. Processing ...

In separate exposure drafts, GASB recently issued proposals related to capitalization of interest costs and implementation of recent pronouncements. The board also issued an implementation guide for ...

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 ...

WASHINGTON – The Governmental Accounting Standards Board has published a new financial reporting standard for state and local governments designed to enhance debt-related disclosures for direct ...

The Government Finance Officers Association approved policy statements Tuesday calling on the Governmental Accounting Standards Board not to move forward with its “fiscal sustainability” project and ...

NORWALK, Conn.--(BUSINESS WIRE)--The Governmental Accounting Standards Board (GASB) today issued Statement No. 57, OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans and Statement ...

The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on ...