Industry Insights

GASB Financial Reporting Model Improvements

January 2017

Executive Summary

The Governmental Accounting Standards Board (GASB) issued its first public comment document in its comprehensive project re-examining the financial reporting model. The Invitation to Comment re-examines governmental funds’ measurement focus and basis of accounting and financial statement preparation. Three measurement focus and basis of accounting alternatives are open for comment, and feedback is highly encouraged.


BKD LinkedIn BKD Twitter BKD Youtube BKD Google Plus