In the world of accounting, it can be difficult for any small business owner to make her way through the alphabet of acronyms. Discussing the alphabet soup of accounting acronyms and terms such as ...

The Governmental Accounting Standards Board is proposing to overhaul the structure for providing guidance on U.S. GAAP for state and local governments, unifying it in a way that's similar to its ...

Application guidance on GASB’s state and local government accounting standards for derivative instruments, fiduciary activities, leases, and nonexchange transactions is included in a new ...

The Governmental Accounting Standards Board has released its new five-year strategic plan, an effort that kicks off with a series of sweeping surveys of the board's standing with its constituency, as ...

GASB on Wednesday issued a proposed concepts statement addressing recognition of financial statement elements as well as a call for feedback on preliminary views on revenue and expense recognition ...