GASB

The foundation is adding a place on its website where people can raise concerns about the standard-setters not following due process.

The foundation will start streaming portions of its Oversight Committee meetings with the chairs of FASB and GASB, starting May 9.

The foundation announced the launch of its free, enhanced online access to the ASC and the Governmental Accounting Research System.

The board released additional information to clarify earlier guidance on how to account for subscription-based technology for state and local governments.

The codifications will be more accessible to the general public and the paid professional view will be eliminated.

The Governmental Accounting Standards Board issued proposed implementation guidance in the form of questions and answers to clarify different pronouncements.

The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

The Governmental Accounting Standards Board has appointed a new task force to help GASB deal with going concern uncertainties and severe financial stress disclosures.

Complexity causes the data to be unclear, and even obsolete by the time it is reported.

The board proposed requirements for governments to disclose information about risks that could affect the level of services they’re able to offer or their ability to meet obligations.