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, ...

As workers search for better opportunities and the demand for public sector workers continues to increase, accounting professionals working in the private sector should consider whether switching to a ...

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from ...

Wendy M. Payne, CPA, executive director of the Federal Accounting Standards Advisory Board (FASAB) in Washington, received the Institute’s Outstanding CPA in Government Career Contribution Award. A ...

S&P Global Ratings recently withdrew its credit ratings on 64 local governments after they failed to file financial updates on time because of staff shortages and delayed audits. Nearly 150 such ...

State auditors and treasurers will have the consolation of continuing to maintain a presence on the seven-member Governmental Accounting Standards Board even though its chairman will no longer ...

NORWALK, Conn., March 6, 2006 (PRIMEZONE) -- Robert J. DeSantis, President and Chief Operating Officer of the Financial Accounting Foundation (FAF) today announced that the FAF Trustees have approved ...

Generally Accepted Accounting Principles and Governmental Auditing Standards differ and cover different aspects of the financial reporting process. GAAP defines how businesses, both public and private ...