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The Benefits of GASB

GASB Members talk about what the Board does and the benefits its work offers to those who use governmental financial reports.

GASB Chair Quarterly Report

GASB Chair Joel Black provides an update on quarterly activities as well as his reflections on Board activities and priorities. These reports, including the most recent, are available in our Reference Library by quarter.

GASB Outlook

The GASB Outlook is a quarterly e-newsletter designed to keep stakeholders informed about key GASB projects and activities. Click here to subscribe.

Reference Rate Reform

In April 2020, the GASB issued new guidance to assist stakeholders in the transition away from referencing LIBOR—and other interbank offered rates—and toward new reference rates that are more reliable and robust.

Video Vault

Get the latest on what’s going on, what coming up, and how to get involved in GASB projects. The Vault also features interviews with Board members, staff, and GASB@35 featurettes.

GASB Response to COVID-19

The GASB is here to help. This page provides an overview of the Board’s response and selected resources.

Post-Implementation Review

The GASB reviews major Statements after issuance through the post-implementation review (PIR) process.

Financial Reporting Model Reexamination

In July 2020, the GASB issued an Exposure Draft in its reexamination of the Financial Reporting Model. Learn more about the project and how to share your views.

LATEST NEWS

Financial Accounting Foundation (FAF) Trustees Reappoint Chair and Vice Chair of the Governmental Accounting Standards Advisory Council (GASAC) [11/15/22]

News Release |

GASB Proposes Guidance to Assist Stakeholders with Application of Its Pronouncements [11/15/22]

Media Advisory | Exposure Draft |

Financial Accounting Foundation Board of Trustees [11/01/22]

Meeting Notice |

Going Concern Uncertainties and Severe Financial Stress Disclosures Task Force Formed—October 2022 [10/20/22]

Article |

Financial Accounting Foundation Relocation [09/19/22]

Media Advisory |

Upcoming GASB GARS Update, Online Store Upgrade: Timing, Outage, and Impact [08/12/22]

Notice |

Financial Accounting Foundation Board of Trustees [08/09/22]

Meeting Notice |

Financial Accounting Foundation Trustees Name Zachary Jackson to the Governmental Accounting Standards Advisory Council (GASAC) [07/20/22]

Media Advisory |

GASB Issues Enhanced Concepts for Notes to Financial Statements [07/07/22]

Media Advisory | Concepts Statement No. 7 |

GASB Requests Input on Proposal to Require Disclosures About Certain Governmental Risks [06/30/22]

Media Advisory | Exposure Draft |

GASB Provides Unified Accounting Model for Compensated Absences and Eases Disclosure Burden [06/16/22]

Media Advisory | Statement No. 101 |

GASB Improves and Clarifies Standards for Accounting Changes and Error Corrections [06/13/22]

Media Advisory | Statement No. 100 |

FEATURED VIDEO

GASB Exposure Draft: Implementation Guidance
Update—2023

Emily Paul of the GASB staff tells you what you need to know about the proposed Implementation Guidance Update. Please share your feeback by January 20.

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