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At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report.September 22
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The Governmental Accounting Standards Board is working on developing new standards for state and local governments to use under its new chair, Joel Black, while responding to the novel coronavirus pandemic.August 17
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The Governmental Accounting Standards Board is proposing a set of improvements in how state and local governments report on their financial condition.July 27
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The Governmental Accounting Standards Board released a technical bulletin with guidance for applying existing GASB standards to transactions related to the CARES Act and outflows incurred in response to the COVID-19 pandemic.July 6
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When Joel Black succeeds David Vaudt as chair on July 1, none of the board's seven members will have served as a state auditor or treasurer.June 30
Director of researchTruth in Accounting
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The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.June 23
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The Governmental Accounting Standards Board released a proposed technical bulletin Thursday from its staff with application guidance on the CARES Act and outflows incurred by state and local governments in response to the COVID-19 pandemic.June 11
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The Governmental Accounting Standards Board published accounting and financial reporting guidance on subscription-based information technology arrangements.June 8
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As state finances across America are upended by the coronavirus, almost all of them face the same, self-imposed, problem: how to balance their budgets.May 22
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Nations around the world face unexpected expenses and revenue shortfalls arising from the COVID-19 pandemic.May 11
