The GASB establishes accounting and financial reporting standards for U.S. state and local governments that follow generally accepted accounting principles (GAAP).

Jun 15, 2021 · When it comes to understanding GASB, FASB, GAAP and other financial and accounting acronyms, things can get confusing quickly. That said, it’s not as complicated as it …

Jun 23, 2025 · GASB on Monday issued Implementation Guidance Update — 2025, a guide updated for the first time in nearly two years that features questions and answers addressing …

GAAP consists of a common set of accounting rules, requirements, and practices issued by the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards …

The FASB Accounting Standards Codification ® is the single official source of authoritative, nongovernmental U.S. generally accepted accounting principles (GAAP).

Can you explain the relationship between GASB and generally accepted accounting principles (GAAP)? GASB is the organization that creates and reinforces GAAPs. The Governmental …

GARS provides access to all U.S. generally accepted accounting principles (GAAP) and related literature for state and local governments. Pronouncements issued by the GASB are designed …

Established in 1972, the FAF is the independent, private-sector, not-for-profit organization responsible for the oversight, administration, financing, and appointment of the GASB and the …

Norwalk, CT, March 24, 2025 —The Governmental Accounting Standards Board (GASB) has completed a study of the utilization of Generally Accepted Accounting Principles (GAAP) by …

The Governmental Accounting Research System™ (GARS) provides access to all U.S. generally accepted accounting principles (GAAP) for state and local governments.