GFOA Documents

2021 GAAP Update News Release

GAAP Update Logo

The Governmental Accounting Standards Board (GASB) has issued new accounting standards (rules) for governments that issue financial statements prepared in accordance with generally accepted accounting principles (GAAP). The Government Finance Officers Association, the nation’s oldest membership association for public finance professionals, is holding a virtual presentation that will be offered three times to help industry stakeholders nationwide understand and apply these important new changes.


  • Publication date: September 2021
Download Release