The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

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

The Governmental Accounting Standards Board (GASB) is currently the source of generally accepted accounting principles (GAAP) used by State and Local governments in the United States of America. As ...

The Federal Accounting Standards Advisory Board (FASAB) issued a technical bulletin Friday aimed at bringing clarity to federal government accounting standards related to seized and forfeited digital ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

The federal board that oversees Cost Accounting Standards released a final rule and a proposed rule aimed at stripping out overlapping requirements for government contractors. The move, led by the ...

Do you think your household budget is balanced if you spend more than you earn by using credit card debt? If you do, then you think like the City of Chicago’s government leaders. Each year the City of ...

LeaseQuery, a leading provider of purpose-built lease accounting software, today announced its program sessions for the 2021 GASB Innovation Summit (#GASBInnovationSummit). This free event takes place ...

It's going to take a great deal of time and resources to dig into the underlying contracts to discern how to properly follow the new rules and determine the impact on your financial statements. It's ...

We all know how important it is that auditors maintain their independence. But at times, understanding and applying the rules can be challenging (see the sidebar, “How Pandemic Funding Could Impact ...

DUBAI, 26th September, 2025 (WAM) -- The Ministry of Finance (MoF) organised a roundtable session to discuss the latest updates regarding the Federal Government’s Accounting Standards Manual and the ...