News & Media

GASB Releases Accounting and Financial Reporting Guidance Related to the Cares Act and Coronavirus Diseases

Norwalk, CT, July 2, 2020—As part of its continuing efforts to assist state and local governments during the COVID-19 pandemic, the Governmental Accounting Standards Board (GASB) today released a Technical Bulletin containing guidance for applying existing...

Media Advisory | Technical Bulletin 2020-1

GASB Requests Input on Revenue and Expense Recognition Proposals

Norwalk, CT, June 30, 2020—The Governmental Accounting Standards Board (GASB) today issued for public feedback a Preliminary Views (PV) on revenue and expense recognition model proposals....

Media Advisory | Preliminary Views

GASB Proposes Concepts for Recognition of Financial Statement Elements

Norwalk, CT, June 30, 2020—The Governmental Accounting Standards Board (GASB) today issued a proposed Concepts Statement addressing concepts for recognition of assets, liabilities, and other elements of state and local government financial statements....

Media Advisory | Exposure Draft

Financial Accounting Foundation Appoints Dianne Ray to Governmental Accounting Standards Board

Norwalk, CT, June 23, 2020—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of Dianne Ray to a five-year term on the Governmental Accounting Standards Board (GASB). Ms. Ray currently serves as the state auditor of Colorado. Her GASB term begins July 1, 2020 and extends through June 30, 2025....

Media Advisory

GASB Issues Guidance on Certain Component Unit Criteria and Section 457 Deferred Compensation Plans

Norwalk, CT, June 23, 2020—The Governmental Accounting Standards Board (GASB) today issued new guidance designed to reduce costs and increase the consistency and comparability of reporting state and local governments’ fiduciary component units....

Media Advisory | Statement No. 97

GASB to Hold July 28 Virtual Public Hearing on Proposal to Enhance Concepts for Notes to Financial Statements

Norwalk, CT, June 18, 2020—The Governmental Accounting Standards Board (GASB) has scheduled a July 28 virtual public hearing on its Exposure Draft of a proposed Concepts Statement. The public hearing will take place by videoconference....

Stakeholder Advisory
  • July 2, 2020 GASB Releases Accounting and Financial Reporting Guidance Related to the Cares Act and Coronavirus Diseases
  • June 30, 2020 GASB Requests Input on Revenue and Expense Recognition Proposals
  • June 30, 2020 GASB Proposes Concepts for Recognition of Financial Statement Elements
  • June 23, 2020 Financial Accounting Foundation Appoints Dianne Ray to Governmental Accounting Standards Board
  • June 23, 2020 GASB Issues Guidance on Certain Component Unit Criteria and Section 457 Deferred Compensation Plans
  • June 18, 2020 GASB to Hold July 28 Virtual Public Hearing on Proposal to Enhance Concepts for Notes to Financial Statements

Media Inquiries

All media inquiries are coordinated through the FAF Communications Department.

Christine L. Klimek

Senior Manager, Communications
(203) 956-3459 | clklimek@f-a-f.org

Jordan C. (Kip) Betz

Senior Manager, Communications
203-956-5201 | jcbetz@f-a-f.org

Dana Freeman

Senior Manager, Communications
(203) 956-5279 | dfreeman@f-a-f.org

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