Government accounting

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

The Defense Department overstated the value of weapons sent by $2.6 billion in fiscal 2022 and $3.6 billion in fiscal 2023.

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.

Isn't it reasonable to expect that state governments' financial reporting have full accountability and thus, receive clean audit reports? Often, they do not.

The International Public Sector Accounting Standards Board hopes to find common ground for government sustainability disclosures.

A new law promises to increase the accessibility of government financial information.

Richard Eckstrom told lawmakers he had unintentionally exaggerated the state's cash position by $3.5 billion.

A marked increase in staffing shortages at auditing firms has resulted in significant setbacks to complete issuers' financial disclosures, S&P said in a report.

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