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

As resources allow, the GASB staff responds to technical inquiries about governmental accounting and financial reporting to support the uniform application of generally accepted …

The GASB develops and issues accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to taxpayers, …

For additional information, please refer to the About GARS page or contact GASB Support.

Established in 1984, the GASB is the independent, private-sector organization based in Norwalk, Connecticut, that establishes accounting and financial reporting standards for U.S. state and …

Effective Date: Coincides with the effective date of GASB Statement 34 for the reporting government. That is, the requirements of this Statement are effective in three phases based …

Jun 23, 2025 · The GASB periodically issues new and updated guidance to assist state and local governments in applying generally accepted accounting principles (GAAP) to specific facts …

In June 2015, the GASB issued Statement No. 76, The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments. As a result of that Statement, GASB …

For questions regarding the application of GASB standards to specific reporting circumstances, submit your question using the GASB’s online form. To expedite the response to your inquiry, …

Jun 20, 2025 · Document News Release Podcast Due Process Documents Exposure Draft, Implementation Guidance Update—2025 Issued November 2024 Document News Release …