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    • Federal Accounting Standards Advisory Board

Federal Accounting Standards Advisory Board Newsletter
  • FASAB clarifies accounting for gov't land 26 Sep 2025 21:11 GMT

    The staff of the Federal Accounting Standards Advisory Board has issued new … transition period," said FASAB executive director Monica Valentine … from stakeholders to support FASAB's mission to … at https://fasab.gov/accounting-standards…

  • UCM to Roll Out Red Carpet With Homecoming Hub, Parade, Awards 16 Oct 2025 17:49 GMT

    … , she was appointed to the Federal Accounting Standards Advisory Board. She was also appointed to …

  • FASAB mulls repercussions of federal government reorganization 13 May 2025 21:10 GMT

    The Federal Accounting Standards Advisory Board is asking for … abolished," said FASAB in its request for … Securities and Exchange Commission.  FASAB issues federal financial accounting … recommendations and alternatives for FASAB to consider regarding short …

  • The CPA Gap: Not Learning Government 08 Sep 2025 14:16 GMT

    … state and local governments, and FASAB (Federal Accounting Standards Advisory Board) for federal agencies. These rules …

  • The Military Budget Nobody Controls 28 Aug 2025 14:26 GMT

    … , “Pentagon officials turned to the Federal Accounting Standards Advisory Board (FASAB) for advice. Several months later … , FASAB posted a new document (FASAB 56), which recommended …

  • Unaudited Power: The Military Budget Nobody Controls 28 Aug 2025 05:48 GMT

    … , “Pentagon officials turned to the Federal Accounting Standards Advisory Board (FASAB) for advice. Several months later … , FASAB posted a new document (FASAB 56), which recommended …

  • FASAB aims to update MD&A for federal accounting 07 Sep 2023 23:45 GMT

    The Federal Accounting Standards Advisory Board issued a proposal Thursday to … and enhance transparency," said FASAB chairman George Scott in a … the content from some of FASAB's existing standards, … SFFAC 3 and SFFAS 15. FASAB is asking for comments by …

  • OMB seeks ‘strategic reset’ of financial statement audits 27 Jun 2025 00:54 GMT

    … . accruals. It was something the Federal Accounting Standards Advisory Board and GAO leadership were not …

  • The DoD Audit Conundrum: Accountability Over Accounting 16 May 2025 02:24 GMT

    … s financial statements, guided by Federal Accounting Standards Advisory Board (FASAB) rules based on private-sector … DoD GAAP, and by extension FASAB, measures profitability and equity for … tied to appropriations. Revise the FASAB mandate to prioritize SFFAS 4 …

  • U.S. Government Receives Failing Grade Amid Growing $158.6 Trillion Debt 15 Apr 2025 18:55 GMT

    … Congress to mandate that the Federal Accounting Standards Advisory Board (FASAB) adopt the best practices of …

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