Proposed new accounting standards for other post-employment benefits (OPEB) published Monday by GASB are expected to have a significant impact on state and local government financial statements.

MINNEAPOLIS —The Governmental Accounting Standards Board is preparing to release a draft statement on other post-employment benefits that will "mirror" the board's new pension standards, GASB chairman ...

NORWALK, Conn.--(BUSINESS WIRE)-- The Governmental Accounting Standards Board (GASB) today voted unanimously to approve two Statements that will significantly improve the accounting and financial ...

WASHINGTON — State and local governments would have to disclose their net or total liabilities for other post-employment benefits on the face of their financial statements under new draft guidance ...

Issues for state and local governments related to lease accounting, other post-employment benefits (OPEB), and other topics were addressed Wednesday in an omnibus standard issued by GASB. Google now ...

The Governmental Accounting Standards Board has published two proposed statements to improve financial reporting by state and local governments of other post-employment benefits, such as retiree ...

In 1994, the Governmental Accounting Standards Board established standards for public employee pension plans. Government and public employers have to report and account for pension benefits ...

NORWALK, Conn.--(BUSINESS WIRE)--The Governmental Accounting Standards Board (GASB) today issued Statement No. 57, OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans and Statement ...

As reported here last month, the Governmental Accounting Standards Board (GASB) has issued an exposure draft of proposed changes in pension accounting rules that will repaint the landscape in ...

Interest rates on government securities have reached generational lows, trading at levels not seen since the Great Depression. Today the yields on ultra-safe investments allowed for state and ...