Recent Guidance

AGA receives direct information from standard setters and policymakers such as: OMB, GASB, FASAB, FASB and others. Please note this section may not be all inclusive of what has been issued.

Governmental Accounting Standards Board (GASB)

• 2/22/2021: Fact Sheet: Financial Reporting Model Improvements
• 8/19/2020: Technical Plan for the Final Third of 2020
• 8/19/2020: Technical Plan for the Final Third of 2020: Background and Historical Material
• 8/19/2020: Technical Plan for the Final Third of 2020: Proposed Topics
• 8/14/2020: Invite to participate in a new process for collecting information about the effort and costs associated with implementing major new pronouncements.
• 8/14/2020: Survey: GASB Post-Implementation Review Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions

Office of Management and Budget (OMB)

• 7/1/2022: Key Practices to Reduce Improper Payments Through Identity Verification
• 6/20/2022: M-22-14 FY 2024 Agency-wide Capital Planning to Support the Future of Work
• 6/3/2022: M-22-13 2022 Discount Rates for OMB Circular No. A-94
• 6/3/2022: OMB Circular A-136, Financial Reporting Requirements
• 4/29/2022: M-22-12 Advancing Effective Stewardship of Taxpayer Resources and Outcomes in the Implementation of the Infrastructure Investment and Jobs Act
• 4/18/2022: M-22-11 Initial Implementation Guidance on Application of Buy America Preference in Federal Financial Assistance Programs for Infrastructure
• 4/13/2022: M-22-10 Improving Access to Public Benefits Programs Through the Paperwork Reduction Act
• 1/26/2022: M-22-09 Moving the U.S. Government Toward Zero Trust Cybersecurity Principles
• 12/3/2021: Promoting Accountability through Cooperation among Agencies and Inspectors General
• 8/27/2021: M-21-31 Improving the Federal Government’s Investigative and  Remediation Capabilities Related to Cybersecurity Incidents
• 8/12/2021: 2 CFR Part 200, Appendix XI, Compliance Supplement
• 6/24/2021: Publication of Grants Management Standards V2.0
• 3/24/2021: OMB M-21-22 Update to Implementation of Performance Management Statutes
• 3/19/2021: OMB M-21-20 Promoting Public Trust in the Federal Government through Effective Implementation of the American Rescue Plan Act and Stewardship of the Taxpayer Resources
• 11/18/2020: Guidance for Federal Cybersecurity Rotational Assignments
• 11/12/2020: OMB M-21-03
• 9/9/2020: 2 CFR Revisions - view the presentation, view the recording
• 8/27/2020: 0MB Circular A-136, Financial Reporting Requirements
• 8/18/2020: 2020 Compliance Supplement (2020 Supplement) for the Office of Management and Budget's uniform administrative requirements, cost principles, and audit requirements regulations

Federal Registar

• 8/18/2020: Uniform Administrative Requirements, Cost Principles, and Audit Requirements
• 8/13/2020: Final Guidance for Grants and Agreements?
• 8/13/2020: Final Guidance for Grants and Agreements Redline Document

Questions?

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