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 ...

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 ...

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 ...

The annual Governmental Accounting and Auditing Update Conference featured a state-of-the-state address by NJ Treasurer Elizabeth Maher Muoio and presentations from other notable professionals in the ...

How the program helped her career: “I spent about a year and a half at the start of my career in private industry. What I found when I came to the Office of Budget and Management was that government ...

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 ...

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A key reform meant to keep local government finances transparent and current is yet to be implemented as the financial accounting software remains in the procurement stages. The system is being ...