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AGA TOPICS Newsletter

Financial Management Standards Board Seeks Volunteer Members

AGA's Financial Management Standards Board would like to hear from members who are interested in serving on the Board. The FSMB is responsible for monitoring proposed accounting, auditing, and financial reporting pronouncements on behalf of the AGA.  If you are interested in actively participating in developing accounting and financial reporting standards and related rules, regulations, policies, and other pronouncements, this is the committee for you. 

The FSMB is responsible for monitoring proposed accounting, auditing and financial reporting pronouncements on behalf of AGA. It reviews and responds to all proposed pronouncements that will significantly affect government accounting, auditing and financial reporting, including those issued by the FASAB, FASB, GASB, AICPA, GAO, agencies and other organizations if the subject matter is of interest to AGA members. It develops responses in the form of comment letters that reflect the consensus response of the members. 

If you are interested in actively participating in developing accounting and financial reporting standards and related rules, regulations, policies and other pronouncements, this is the committee for you. We need people who are interested in standards setting and willing to be active in developing responses. It is vital to ensure that the views of those affected by auditing and accounting pronouncements are heard during the standard-setting process. The Board provides an avenue for AGA members to have their opinions heard by the standards setters. Contact Anna Miller at amiller@agacgfm.org to find out more.