1984
* Holds its first meeting. James Antonio appointed first chair
* Incorporates all effective National Council on Governmental Accounting pronouncements into GASB Statement 1
1986
* Issues Statement No. 3 on deposits and investments
* Formally designated the standard-setter for state and local governments by the AICPA
1987
* Concepts Statement No. 1, Objectives of Financial Reporting
1989
* FAF reconfirms that certain special-purpose entities, including public hospitals, colleges, and universities, are under the jurisdiction of GASB
1991
* Issues Statement No. 14 on the financial reporting entity
1994
* Issues Concepts Statement No. 2 on service efforts and accomplishments (amended 2008)
* Issues Statement Nos. 25 and 27 on pension plans
1995
* Tom Allen appointed second chairman
1997
* Issues Statement No. 31 on investments
* FAF expands GASB from five to seven members, with six serving on a part-time basis
1998
* Issues Statement No. 33 on non-exchange transactions
1999
* Issues Statement No. 34 with new financial reporting model
2003
* Issues Statement No. 42 on impairment of capital assets
2004
* Issues Statement Nos. 43 and 45 on post-employment benefits other than pensions
* Robert Attmore appointed third chairman
2005
* Issues Concepts Statement No. 3 on communication
2006
* Issues Statement No. 48 on future revenues
* Issues Statement No. 49 on pollution remediation
2007
* Issues Concepts Statement No. 4
2008
* Issues Statement No. 53 on derivatives
* Issues Concepts Statement No. 5 on service efforts and accomplishments
2009
* Issues Statement No. 54 on fund balance reporting
(c) 2009 Accounting Today and SourceMedia, Inc. All Rights Reserved.
http://www.webcpa.com/ http://www.sourcemedia.com/