GASB Related Content

GASB Issues Guidance on Cloud Computing & Subscription-Based IT Arrangements

GASB issued new accounting and financial reporting guidance for subscription-based information technology arrangements which have become increasingly common among state and local governments in recent years. read more

Crowe Produces Lease Accounting Optimizer for the Public Sector

Crowe introduced its Lease Accounting Optimizer for the public sector, a tool to help organizations track, account and report on lessee and lessor leases to comply with Governmental Accounting Standards Board Statement No. 87. read more

GASB Establishes Single Approach for Reporting Leases

The Governmental Accounting Standards Board issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. read more

GASB Proposes Single Rule for Reporting State, Local Government Leases

The GASB issued a proposal to establish a single approach for state and local governments to report leases based on the principle that leases are financings of the right to use an underlying asset. read more

GASB Lease Accounting Change Project at Odds with FASB Approach

Bill Bosco

On November 11, 2014, the Governmental Accounting Standards Board (GASB) issued a Preliminary Views document on a project to change current GASB lease accounting GAAP, but it is in line with the IASB approach rather than the FASB approach that... read more

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