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 ...

Governmental accounting and capital management represent critical areas of public financial administration, focused on the systematic tracking, reporting and strategic oversight of capital assets and ...