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Governmental Accounting Standards Board Requests Input on Proposed Improvements to Guidance for Accounting Changes and Error Corrections
June 02, 2021
NORWALK, Connecticut, June 2 (TNSOps) -- The Governmental Accounting Standards Board issued the following news release on June 1, 2021:

The Governmental Accounting Standards Board (GASB) today issued a proposal designed to improve the accounting and financial reporting requirements for accounting changes and error corrections.

The Exposure Draft (ED), Accounting Changes and Error Corrections, is intended to provide guidance that would lead to information that is easier . . .

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