GASB 34: What It Means For You – (PDF/EPUB Version)

GASB 34, the new financial reporting model of the Governmental Accounting Standards Board (GASB), has the potential to change the way citizens evaluate their officials’ performance and how the financial community assesses government credit. This report looks at GASB 34 from three vantage points: a director of finance in a local government, a rating agency, and a government official in a jurisdiction that has already implemented GASB 34.