In 2024 alone, school districts in Tennessee, Louisiana, Florida and Indiana reported stolen student activity funds — totaling over $260,000 combined. Student activity funds are raised directly by ...

The Governmental Accounting Standards Board has published guidance on what constitutes fiduciary activities for financial reporting purposes for state and local governments, how fiduciary activities ...

The Governmental Accounting Standards Board released an implementation guide Monday with questions and answers explaining GASB’s recently issued standards on accounting and financial reporting for ...

The past few years have not been easy for state and local government finance staffs. In an effort to increase transparency and accountability, GASB has issued new standards at a rapid pace. First came ...