GASB

The FAF, which oversees FASB and GASB, is asking for nominations for at-large trustees.

IFAC and FASB both appoint and reappoint board members; RSM raises $4.7M for nonprofits via Power of Love program; and more news from across the profession.

The board floated a proposal to set requirements for some types of capital assets to be disclosed separately for purposes of note disclosures.

The board added a project to deal with issues related to subsequent events for state and local governments.

The trend toward digitization of government data has been affirmed as a priority by the passage of recent legislation.

The Governmental Accounting Standards Board released implementation guidance to clarify, explain and elaborate on its GASB statements, using a series of questions and answers.

Joel Black talks about upcoming guidance to help state and local governments as they struggle to maintain enough revenue.

The pace of issuance and implementation of new GASB statements continues to accelerate.

The board is adding a major project on accounting and financial reporting for infrastructure assets to its technical agenda.

Danielle Pollock became one of the seven students to be selected for the board's Postgraduate Technical Assistant program.