Many public sector entities, including state and local governments and nonprofits, are charged with the responsibility of complying with generally accepted accounting principles (GAAP). Each year, the Governmental Accounting Standards Board (GASB) issues a number of accounting pronouncements and other implementation guidance. Keeping up with these rules can be challenging and time- consuming. View this year’s Governmental GAAP Update on demand to learn more about significant changes in 2025.
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