Governmental Accounting & Auditing Services
Government departments, agencies, and groups all operate within the framework of a government body and are responsible for providing serves per policies and public needs. To monitor compliance with these policies, certain accounting and auditing requirements must be met.
Governmental Accounting Standards Board (GASB)
The Governmental Accounting Standards Board (GASB) is a private-sector organization that determines the accounting standards for state and local governments. It is just one of the entities that determine the generally accepted accounting principles (GAAP), which are constantly evolving.
Local governments include:
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General purpose governments, such as
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Counties, cities, and towns
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Special purpose governments, such as
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School boards, community colleges, or technical schools
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Utility, park, and recreation, fire district, or police district
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Regional planning commission, building commission, or tax commission
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