Academic journal article The Journal of Government Financial Management

FMSB Update

Academic journal article The Journal of Government Financial Management

FMSB Update

Article excerpt

On behalf of AGA's Financial Management Standards Board (FMSB), I want to welcome readers to the inaugural installment of the Journal's FMSB Update. I'm excited to bring you this new feature, in which we'll discuss the current governmental accounting topics on which the FMSB has had the opportunity to weigh in. For those of you unfamiliar with FMSB, we are asked by bodies such as the Federal Accounting Standards Advisory Board (FASAB) and Governmental Accounting Standards Board (GASB) to review and provide feedback on proposed accounting standards when exposure drafts are released and before the standard is enacted. Participating in the standard setting process is a great opportunity for AGA members to stay ahead of the curve on updated governmental accounting topics.

Learn more about some recent accounting updates by visiting AGA's website: www.agacgfm. …

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