GASB

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.

Johnson Lambert elects next MP; Boyer & Ritter relocates; and more news from across the profession.

The FAF Board of Trustees selected Dalia Blass to serve as its new board chair and appointed Erin Hill as the FAF's new executive director.

The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.

Chair Joel Black shares what the standard-setter is working on in a tough time for state and local governments.

The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.

A landmark research study by GASB has provided one of the most detailed examinations to date of how state and local governments in the U.S. use GAAP.

The Governmental Accounting Standards Board made some preliminary proposals on accounting for severe financial stress and probable dissolution disclosures.

Welcome to Tax Court; the subscription model; new blog on the block; and other highlights from our favorite tax bloggers.

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.

The Financial Accounting Foundation is looking for candidates for several leadership roles, including FAF executive director.

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

The Governmental Accounting Standards Board issued an exposure draft on how to account for transactions that occur after the date of the financial statements.

The Governmental Accounting Standards Board is focusing on advancing its digital financial reporting taxonomy.

The Governmental Accounting Standards Board's Statement No. 104 requires separate disclosures for certain types of capital assets.

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.

The Gov Fin 2024 conference put a spotlight on the implications of the Financial Data Transparency Act.

A useful AMT; refunds of the dead; core-satellite portfolios; and other highlights from our favorite tax bloggers.

The Governmental Accounting Standards Board released a post-implementation review report on its pension standards and found they mostly accomplished their goals.