GASB Insights | Sumble

What is GASB?

GASB stands for the Governmental Accounting Standards Board. It is the independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments. These standards, known as Generally Accepted Accounting Principles (GAAP), are used by these governments to prepare their financial reports. The goal is to provide information that is useful to citizens, legislative and oversight bodies, and investors and creditors.

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What other technologies are related to GASB?

GASB Competitor Technologies

FASB

FASB (Financial Accounting Standards Board) sets accounting standards for U.S. companies and non-profits. GASB sets standards for state and local governments, making them competitors.

mentioned alongside GASB in 55% (124) of relevant job posts

GAAP

GAAP (Generally Accepted Accounting Principles) are the accounting standards. Since GASB is for government accounting, it essentially competes with GAAP for this sector.

mentioned alongside GASB in 7% (320) of relevant job posts