What is GASB?

The Governmental Accounting Standards Board (GASB) is a private, nonprofit organization that sets generally accepted accounting principles for state and local governments. While GASB works to promote clear government financial reporting, it is sometimes criticized for being influenced by special interest groups, including governments. Want to be involved in changing GASB standards? Contact Truth in Accounting at [email protected]. ---------------------------------- Subscribe to Truth in Accounting here: bit.ly/2uygGER The official Truth in Accounting YouTube channel is your primary destination for informative and entertaining videos on government finances. For more about Truth in Accounting's work, visit: www.truthinaccounting.org/ Follow Truth in Accounting here: Facebook: facebook.com/truthinaccounting Twitter: twitter.com/truthin Instagram: instagram.com/tiachicago LinkedIn: linkedin.com/company/truth-in-accounting

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