Timeline of Governmental Accounting Standards - U.S.

From Wikipedia, the free encyclopedia

Contents 1 Municipal Finance Officers Association 2 American Institute of Certified Public Accountants 3 National Council on Governmental Accounting and American Institute of Certified Public Accountants 4 Governmental Accounting Standards Board

[edit] Municipal Finance Officers Association

Now called the Government Finance Officers Association [1]

1968

• Governmental Accounting, Auditing, and Financial Reporting (the "blue book" or the "GAAFR") ISBN 0-89125-275-4 for 2005 edition

[edit] American Institute of Certified Public Accountants

1974

• Audits of State and Local Governmental Units

1975

• AICPA Statement of Position 75-3: Accrual of Revenues and Expenditures by State and Local Governmental Units

[edit] National Council on Governmental Accounting and American Institute of Certified Public Accountants

1976

• National Council on Governmental Accounting Interpretation 1: GAAFR and the AICPA Audit Guide

1977

• AICPA Statement of Position 77-2: Accounting for Interfund Transfers of State and Local Governmental Units

1978

• AICPA Statement of Position 78-7: Financial Accounting and Reporting by Hospitals Operate by a Governmental Unit

1979

• National Council on Governmental Accounting Statement 1: Governmental Accounting and Financial Reporting Principles
• National Council on Governmental Accounting Statement 2: Grant, Entitlement, and Shared Revenue Accounting by State and Local Governments

1980

• National Council on Governmental Accounting Interpretation 2: Segment Information for Enterprise Funds
• AICPA Statement of Position 80-2: Accounting and Financial Reporting by Governmental Units (Amendment to CICPA Audit Guide, Audits of State and Local Governmental Units)

1981

• National Council on Governmental Accounting Interpretation 3: Revenue Recognition - Property Taxes
• National Council on Governmental Accounting Statement 3: Defining the Governmental Reporting Entity
• National Council on Governmental Accounting Interpretation 4: Accounting and Financial Reporting for Public Employee Retirement Systems and Pension Trust Funds

1982

• National Council on Governmental Accounting Concepts Statement 1: Objectives of Accounting and Financial Reporting for Governmental Units
• National Council on Governmental Accounting Interpretation 5: Authoritative Status of Governmental Accounting, Auditing, and Financial Reportion (1968)
• National Council on Governmental Accounting Interpretation 6: Notes to the Financial Statements Disclosure
• National Council on Governmental Accounting Statement 4: Accounting and Financial Reporting Principles for Claims and Judgments and Compensated Absences
• National Council on Governmental Accounting Statement 5: Accounting and Financial Reporting Principles for Lease Agreements of State and Local Governments

1983

• National Council on Governmental Accounting Interpretation 7: Clarification as to the Application of the Criteria in NCGA Statement 3: Defining the Governmental Reporting Entity"
• National Council on Governmental Accounting Statement 6: Pension Accounting and Financial Reporting: Public Employee Retirement Systems and State and Local Government Employers
• National Council on Governmental Accounting Interpretation 8: Certain Pension Matters

1984

• National Council on Governmental Accounting Statement 7: Financial Reporting for Component Units within the Governmental Reporting Entity
• National Council on Governmental Accounting Interpretation 9: Certain Fund Classifications and Balance Sheet Accounts
• National Council on Governmental Accounting Interpretation 10: State and Local Government Budgetary Reporting
• National Council on Governmental Accounting Interpretation 11: Claim and Judgment Transactions for Governmental Funds

[edit] Governmental Accounting Standards Board

1984

• Governmental Accounting Standards Board Statement Number 1: Authoritative Status of NCGA Pronouncements and AICPA Industry Audit Guide
• GASB Technical Bulleting No. 84-1: Purpose and Scope of GASB Technical Bulletins and Procedures for Issuance
• Interpretation Number 1 of the Governmental Accounting Standards Board: Demand Bonds Issued by State and Local Governmental Entities (an interpretation of NCGA Statement 1 and NCGA Interpretaion 9)

1986

• Governmental Accounting Standards Board Statement Number 2: Financial Reporting of Deferred Compensation Plans Adopted under the Provisions of Internal Revenue Code Section 457
• Governmental Accounting Standards Board Statement Number 3: Deposits with Financial Institutions, Investments (including Repurchase Agreements), and Reverse Repurchase Agreements
• Governmental Accounting Standards Board Statement Number 4: Applicability of FASB Statement No. 87, Employers' Accounting for Pensions to State and Local Governmental Employers
• Governmental Accounting Standards Board Statement Number 5: Disclosure of Pension Information by Public Employee Retirement Systems and State and Local Governmental Employers

1987

• Governmental Accounting Standards Board Statement Number 6: Accounting and Financial Reporting for Special Assessments
• GASB Technical Bulletin No. 87-1: Applying Paragraph of GASB Statement 3
• Governmental Accounting Standards Board Statement Number 7: Advance Refundings Resulting in Defeasance of Debt
• Concepts Statement No. 1 of the Governmental Accounting Standards Board: Objectives of Financial Reporting

1988

• Governmental Accounting Standards Board Statement Number 8: Applicability of FASB Statement No. 93, Recognition of Depreciation by Not-for-Profit Organizations to Certain State and Local Governmental Entities

1989

• Governmental Accounting Standards Board Statement Number 9: Reporting Cash Flows of Proprietary and Nonexpendable Trust Funds and Governmental Entities That Use Proprietary Fund Accounting
• Governmental Accounting Standards Board Statement Number 10: Accounting and Financial Reporting for Risk Financing and Related Insurance Issues

1990

• Governmental Accounting Standards Board Statement Number 11: Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements
• Governmental Accounting Standards Board Statement Number 12: Disclosure of Information on Postemployment Benefits Other Than Pension Benefits by State and Local Governmental Employers
• Governmental Accounting Standards Board Statement Number 13: Accounting for Operating Leases with Scheduled Rent Increases

1991

• Governmental Accounting Standards Board Statement Number 14: The Financial Reporting Entity
• Governmental Accounting Standards Board Statement Number 15: Governmental College and University Accounting and Financial Reporting Models

1992

• GASB Technical Bulletin No. 92-1: Display of Governmental College and University Compensated Absences Liabilities
• Governmental Accounting Standards Board Statement Number 16: Accounting for Compensated Absences

1993

• Governmental Accounting Standards Board Statement Number 17: Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements: Amendment of the Effective Dates of GASB Statement No. 11 and Related Statements—an amendment of GASB Statements No. 10, 11, and 13
• Governmental Accounting Standards Board Statement Number 18: Accounting for Municipal Solid Waste Landfill Closure and Postclosure Care Costs
• Governmental Accounting Standards Board Statement Number 19: Governmental College and University Omnibus Statement
• Governmental Accounting Standards Board Statement Number 20: Accounting and Financial Reporting for Proprietary Funds and Other Governmental Entities That Use Proprietary Fund Accounting
• Governmental Accounting Standards Board Statement Number 21: Accounting for Escheat Property
• Governmental Accounting Standards Board Statement Number 22: Accounting for Taxpayer-Assessed Tax Revenues in Governmental Funds
• Governmental Accounting Standards Board Statement Number 23: Accounting and Financial Reporting for Refundings of Debt Reported by Proprietary Activities

1994

• Concepts Statement No. 2 of the Governmental Accounting Standards Board: Service Efforts and Accomplishments Reporting
• Governmental Accounting Standards Board Statement Number 24: Accounting and Financial Reporting for Certain Grants and Other Financial Assistance
• Governmental Accounting Standards Board Statement Number 25: Financial Reporting for Defined Benefit Pension Plans and Note Disclosures for Defined Contribution Plans
• Governmental Accounting Standards Board Statement Number 26: Financial Reporting for Postemployment Healthcare Plans Administered by Defined Benefit Pension Plans
• Governmental Accounting Standards Board Statement Number 27: Accounting for Pensions by State and Local Governmental Employers
• GASB Technical Bulletin No. 94-1: Dislosures about Derivatives and Similar Debt and Investment Transactions

1995

• Governmental Accounting Standards Board Statement Number 28: Accounting and Financial Reporting for Securities Lending Transactions
• Governmental Accounting Standards Board Statement Number 29: The Use of Not-for-Profit Accounting and Financial Reporting Principles by Governmental Entities
• Interpretation Number 2 of the Governmental Accounting Standards Board: Disclosure of Conduit Debt Obligations

1996

• Interpretation Number 3 of the Governmental Accounting Standards Board: Financial Reporting for Reverse Repurchase Agreements (an interpretation of GASB Statement No. 3)
• Governmental Accounting Standards Board Statement Number 30: Risk Financing Omnibus—an amendment of GASB Statement No. 10
• Interpretation Number 4 of the Governmental Accounting Standards Board: Accounting and Financial Reporting for Capitalization Contributions to Public Entity Risk Pools (an interpretation of GASB Statements No. 10 and 14)
• GASB Technical Bulleting No. 96-1: Application of Certain Pension Disclosure Requirements for Employers Pending Implementation of GASB Statement 27

1997

• Governmental Accounting Standards Board Statement Number 31: Accounting and Financial Reporting for Certain Investments and for External Investment Pools
• Governmental Accounting Standards Board Statement Number 32: Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans—a rescission of GASB Statement No. 2 and an amendment of GASB Statement No. 31
• Interpretation Number 5 of the Governmental Accounting Standards Board: Property Tax Revenue Recognition in governmental Funds (an interpretation of NCGA Statement 1 and an amendment of NCGA Interpretation 3)
• GASB Technical Bulletin No. 97-1: Classification of Deposits and Investments into Custodial Credit Risk Categories for Certain Bank Holding Company Transactions

1998

• GASB Technical Bulletin No. 98-1: Disclosures about Year 2000 Issues
• Governmental Accounting Standards Board Statement Number 33: Accounting and Financial Reporting for Nonexchange Transactions

1999

• GASB Technical Bulletin No. 99-1: Disclosures about Year 2000 Issues - an amendment of Technical Bulletin 98-1
• Governmental Accounting Standards Board Statement Number 34: Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments
• Governmental Accounting Standards Board Statement Number 35: Basic Financial Statements—and Management’s Discussion and Analysis—for Public Colleges and Universities—an amendment of GASB Statement No. 34

2000

• GASB Technical Bulletin No. 2000-1: Dislosure about Year 2000 Issues - a rescission of GASB Technical Bulletings 98-1 and 99-1
• Interpretation Number 6 of the Governmental Accounting Standards Board: Recognition and Measurement of Certain Liabilities and Expenditures in Governmental Fund Financial Statements (an interpretation of NCGA Statements 1, 4, and 5; NCGA Interpretation 8: and GASB Statements 10, 16, and 18)
• Governmental Accounting Standards Board Statement Number 36: Recipient Reporting for Certain Shared Nonexchange Revenues—an amendment of GASB Statement No. 33

2001

• Governmental Accounting Standards Board Statement Number 37: Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments: Omnibus
• Governmental Accounting Standards Board Statement Number 38: Certain Financial Statement Note Disclosures

2002

• Governmental Accounting Standards Board Statement Number 39: Determining Whether Certain Organizations Are Component Units—an amendment of GASB Statement No. 14

2003

• Governmental Accounting Standards Board Statement Number 40: Deposit and Investment Risk Disclosures—an amendment of GASB Statement No. 3
• Governmental Accounting Standards Board Statement Number 41: Budgetary Comparison Schedules—Perspective Differences—an amendment of GASB Statement No. 34
• GASB Technical Bulletin No. 20003-1: Disclosure Requirements for Derivatives Not Reported at Fair Value on the Statement of Net Assets
• Governmental Accounting Standards Board Statement Number 42: Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries

2004

• Governmental Accounting Standards Board Statement Number 43: Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans
• GASB Technical Bulleting No. 2004-1: Tobacco Settlement Recognition and Financial Reporting Entity Issues
• Governmental Accounting Standards Board Statement Number 44: Economic Condition Reporting: The Statistical Section—an amendment of NCGA Statement 1
• Governmental Accounting Standards Board Statement Number 45: Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions
• Governmental Accounting Standards Board Statement Number 46: Net Assets Restricted by Enabling Legislation—an amendment of GASB Statement No. 34

2005

• Governmental Accounting Standards Board Concepts Statement No. 3: Communication Methods in General Purpose External Financial Reports That Contain Basic Financial Statements
• Governmental Accounting Standards Board Statement Number 47: Accounting for Termination Benefits

2006

• Governmental Accounting Standards Board Statement Number 48: Sales and Pledges of Receivables and Future Revenues and Intra-Entity Transfers of Assets and Future Revenues