Since we are limited on hosting in person meetings and conferences this year the State Board is looking to offer free webinars starting in October 2020. If you have any suggestions on topics please submit your suggestions
https://forms.gle/TN7YrxxGY7xE1EcV8 and we will take all ideas into consideration.
Government accounting refers to the process of recording and the management of all financial transactions incurred by the government which includes its income and expenditures.
Various governmental accounting systems are used by various public sector entities. In the United States, for instance, there are two levels of government which follow different accounting standards set forth by independent, private sector boards. At the federal level, the Federal Accounting Standards Advisory Board (FASAB) sets forth the accounting standards to follow. Similarly, there is the Governmental Accounting Standards Board (GASB) for state and local level government.
(source: https://en.wikipedia.org/wiki/Governmental_accounting)