All articles in this category pertain to GASB. GASB, or the Government Accounting Standard Board, provides accounting guidance for local and state government agencies. GASB provides a set of accounting rules and standards which comprise GAAP for local and state governments.
In the past few years, GASB has released new guidance. The current, most-discussed standards are GASB 87 and GASB 96. In the future, GASB will continue to release new guidance to evolve alongside government financial transactions.
Learn more about GASB below.