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From the Chairman

Joel Black Selected as Incoming GASB Chair

Earlier this year, the Financial Accounting Foundation's Board of Trustees selected Joel Black as the next chair of the GASB, beginning in July. I know you'll join me in welcoming Joel to the Board.
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Looking at Revenues and Expenses

This video looks at why the GASB is working to improve the information governments report on revenues and expenses so you can stay better informed and make better-informed judgments.
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Up Close with the Big Three

The GASB is making progress on three interrelated projects that together take a comprehensive look at financial reporting for state and local governments. Learn more about these projects and how you can share your input.
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  • From the Chairman
  • Looking at Revenues and Expenses
  • Up Close with the Big Three

New PPP Guidance Coming Spring 2020

In April 2020, the GASB is expected to issue a final Statement on accounting and financial reporting for public-private partnerships (PPPs), and availability payment arrangements (APAs). Learn more about the project and when it takes effect.
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New Project Spotlight

This article will look at the GASB’s new projects on Compensated Absences, Prior-Period Adjustments, Accounting Changes, and Error Corrections, and Certain Component Unit Criteria.
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New and Upcoming GASB Documents

  • Statement No. 92, Omnibus 2020—available February 5
  • Exposure Draft of a proposed Concepts Statement, Communication Methods in General Purpose External Financial Reports That Contain Basic Financial Statements: Notes to Financial Statements—available in late February
  • Statement on Replacement of Interbank Offered Rates—available in early April (if approved)
  • Statement on Public-Private Partnerships and Availability Payment Arrangements—available in early April
  • Implementation Guidance Update—available in April
 

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