Government accounting

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

The U.S. Defense Department failed for the seventh straight year to score a clean financial audit, highlighting the challenge of tracking the finances of a sprawling organization that has some $3.8 trillion in assets and $4 trillion in liabilities.

A new report says that federal credit programs are costing tens of billions more than stated because the federal government isn't using fair value accounting.

The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.

The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.

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

The investigation is covering sales of the German accounting software giant's solutions to U.S. government agencies.

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

I volunteered as a conference host to meet the people in the field doing the hard work of government financial management every day.