GASB Accounting Requirements

Topics

June 12, 2015

GASB proposes changes to irrevocable split-interest agreement guidance

GASB proposed changes that are designed to reduce diversity in state and local government accounting for irrevocable split-interest agreements.

June 2, 2015

GASB unveils new rules for reporting on retiree benefits

Three new GASB rules aim to unveil true government liabilities for retiree benefits.

March 2, 2015

GASB tackles fair value in state and local government reporting

New guidance issued by the Governmental Accounting Standards Board defines fair value and how it should be measured in state and local government financial reporting.

January 1, 2015

GASB pension changes: Are you ready?

GASB Statements No. 67 and No. 68 have created significant changes in pension accounting for state and local governments that affect financial statement preparers and auditors.

November 20, 2014

GASB gives preliminary views on leases, fiduciary responsibilities

The Governmental Accounting Standards Board issued “Preliminary Views” statements proposing changes for the way state and local governments account for leases—and for activities in which they have a fiduciary responsibility.