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GASB Concludes Pension Standards Achieved Objectives

A post-implementation review of GASB 67 and GASB 68 found that the two standards, approved in 2012, met their goals.

Governmental accounting standards boardFinancial reportingPension plans

GASB finds pension standards met objectives

The Governmental Accounting Standards Board released a post-implementation review report on its pension standards and found they mostly accomplished their goals.

Governmental accounting standards boardFinancial reporting

New Bern s Finance Department secures triple crown of financial excellence

New Bern s Finance Department secures triple crown of financial excellence
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City of new bernNorth carolinaUnited statesFoster hughesNational advisory council onGovernment finance officers associationNew bernFinancial reportingPopular annual financial reporting awardDistinguished budget presentationDistinguished budget presentation awardAnnual financial reporting awardAnnual comprehensive financial reportFinancial accounting standards boardGovernmental accounting standards boardBudget presentation award

GASB adds improvements to financial reporting model

The improvements are intended to build on 1999 guidance and governments will be required to comply after June 15, 2025.

Joel blackGovernmental accounting standards board

FAF marks GASB and FASB anniversaries

The Financial Accounting Foundation commemorated the 40th anniversary of the creation of the Governmental Accounting Standards Board in its annual report and also referenced the 50th anniversary last year of the Financial Accounting Standards Board.

Richard jonesJohn auchinclossEdward bernardJoel blackCompany councilGovernmental accounting research systemFinancial accounting foundationGovernmental accounting standards boardFinancial accounting standardsFinancial accounting standards boardIncome statement expensesEmerging issues task forceStandards codificationAccounting research system