Inside GASB's far-reaching agenda
Accounting Today
JUNE 23, 2025
It was never going to change GAAP in any way, but it was important information, which we hadnt really done since 2008, on the environment for the board to understand how many state and local governments in the U.S. "This was classified as another research activity," said Black. "It The use of GAAP is driven by the states, Black noted.
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