Financial Management Standards Board (FMSB)

AGA, through the FMSB, provides valued input on standards and to policymakers. The FMSB is a board made up of AGA members who hold various roles in government financial management. Comment letters for the last 3 years are listed below. Please contact us if you are interested in seeing older comment letters.

Financial Accounting Foundation (FAF)

6/24/2022: Strategic Plan Draft for Public Comment

Federal Accounting Standards Advisory Board (FASAB)

• 4/3/2024: Seized and Forfeited Digital Assets
• 4/3/2024: Omnibus Technical Release Amendments: Conforming Amendments to Technical Releases 10, 16, 20 and 21
• 1/18/2024: 2023 Annual Report and Three-Year Plan
• 12/6/2023: Management's Discussion and Analysis
• 10/27/2023: Omnibus Concepts Amendments
• 9/20/2023: Omnibus Amendments, Amending SFFAS 38, 49 and Technical Bulletin 2011-1
• 9/14/2023: Reexamination of Existing Standards
• 7/27/2023: Transitional Amendement to SFFAS 54
• 6/30/2023: Leases Implementation Guidance Updates
• 1/13/2023: FASAB 3-year Plan
• 11/4/2022: Intragovernmental Leasehold Reimbursable Work Agreements
• 6/24/2022: Omnibus Amendments - Technical Clarifications Addressing Lessee and Lessor Discount Rates and Sale-Leasebacks
• 5/20/2022: Omnibus Technical Release Amendments 2022: Conforming Amendments
• 1/6/2022: Three-Year Plan for Fiscal Years 2022-2024
• 6/30/2021: Debt Cancellation: An Interpretation of SFFAS7, Paragraph 313
• 1/29/2021: Implementation Guidance for Leases and Omnibus Amendments to Leases-Related Topics
• 1/20/2021: Three-Year Plan for Fiscal Years 2021-2023

Government Accountability Office (GAO)

• 3/10/2023: Government Audit Standards 2023

Governmental Accounting Standards Board (GASB)

• 12/8/2023: GASB Project No. 39 Exposure Draft - Disclosure and Classification of Certain Capital Assets
• 3/10/2023: GASB Project No. 24-16g-s, Exposure Draft - Additional Proposal for Implementation Guidance Update - 2023
• 12/20/2022: GASB Project No. 24-16g, Exposure Draft - Implementation Guidance Update - 2023
• 9/9/2022: GASB Project No. 3-41, Exposure Draft – Certain Risk Disclosures
• 9/24/2021: Communication Methods in General Purpose External Financial Reports That Contain Basic Financial Statements: Notes to Financial Statements
• 9/3/2021: Omnibus 20XX
• 8/6/2021: Accounting Changes and Error Corrections
• 6/18/2021: The Annual Comprehensive Financial Report
• 5/28/2021: Compensated Absences
• 2/26/2021: Revenue and Expense Recogition 4-6P
• 2/26/2021: Financial Reporting Model Improvements 3-25
• 2/26/2021: Recognition of Elements of Financial Statements 3-20
• 1/27/2021: Implementation Guidance Update - 202

​AICPA

• 9/29/2022: Maintaining the Relevance of the Uniform CPA Examination
• 1/22/2021: Amendments to AU-C Sections 501, 540 and 620 Related to the Use of Specialists and the Use of Pricing Information Obtained from External Information Sources

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