By Lisa R. Parker
The Governmental Accounting Standards Board (GASB) is currently conducting pre-agenda research to inform its assessment of the effectiveness of Statement No. 34, Basic Financial Statements—and Management’s Discussion and Analysis—for State and Local Governments, and related standards. The objective of this research is to gather feedback on these broad questions:
The GASB has developed an online survey to gather feedback from preparers of governmental financial statements. The GASB would greatly appreciate you taking the time to complete the preparer survey, which can be accessed by following this link http://www.gasb.org/GASB-reexam-survey.
It is anticipated that the survey will take longer than a typical GASB survey, given the magnitude of the requirements in Statement 34. You can, however, download a copy of the survey in its entirety to consider before entering your responses into the online version. The deadline for completing the survey is Friday, June 6, 2014.