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CPA Practice Advisor · Apr 13, 2026

GASB Mulls Changing Structure for How GAAP is Communicated to State and Local Governments

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 GASB Mulls Changing Structure for How GAAP is Communicated to State and Local.... General industry update.

Summary

The Governmental Accounting Standards Board is considering a possible change to its structure for communicating GAAP to state and local governments—from its current dual-authority structure to a single-authority approach.

Classification

Category: backgroundPriority: informationalReason: General tax news

Affected Groups

All tax practitioners

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article

Bottom Line

Summary

Classification

Affected Groups

Related Topics

Original Source