What’s on Your Mind?: Participant Questions from GFOA’s 2026 GAAP Update (Part 1)

Accounting and Financial Reporting

What’s on Your Mind?: Participant Questions from GFOA’s 2026 GAAP Update (Part 1)

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During GFOA’s annual Governmental GAAP Update, a team of our technical services professional staff answers—as best they can—the questions posed by program participants. The subjects, not surprisingly, generally relate to the topics addressed by the presenters, but also clearly reflect the topics that are of most interest to the participants. By either measure, GASB 103, Financial Reporting Model Improvements, seems top of mind for all involved.

Publication Date: December 2025

Author: Michele Mark Levine

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