Government Accounting Standards Board - GASB
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Definition of 'Government Accounting Standards Board - GASB'
An organization whose main purpose is to improve and create accounting reporting standards or generally accepted accounting principles (GAAP). These standards make it easier for users to understand and use the financial records of both state and local governments. The Government Accounting Standards Board (GASB) is funded and monitored by the Financial Accounting Foundation (FAF).
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Investopedia explains 'Government Accounting Standards Board - GASB'
While the state and local governments follow the standards created by the GASB, the federal government reports according to the standards set by the Federal Accounting Standards Board (FASB).
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Search results for 'Government Accounting Standards Board (GASB)'
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http://www.investopedia.com/university/accounting/accounting6.asp
... members. The Government Accounting Standards Board (GASB) was established in
1984 to provide standards for state and local governments. ...
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http://www.investopedia.com/articles/basics/07/government_nonprofit_statements.asp
... CAFRs are done according to GAAP and Governmental Accounting Standards Board (GASB)
regulations ... at least significant funds) as well as government-wide financial ...
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http://www.investopedia.com/university/accounting/accounting2.asp
... and banks - as well as customers, suppliers, government agencies and ... the state and
local level the Governmental Accounting Standards Board (GASB) has authority ...
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http://www.investopedia.com/ask/answers/09/computer-software-intangible-asset.asp
... Governmental Accounting Standards Board (GASB) Statement No. 42, Accounting of Costs
of Computer Software Developed or Obtained for Internal Use. ...
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