GAAP Choices for State and Local Governments (On-Demand Webinar)  

In this on demand webinar, we will review GASB's March 2025 study on how state and local governments choose their financial reporting frameworks, focusing on the use of GAAP versus alternative approaches. The study updates prior research and examines how factors such as size, debt, federal funding, and the presence of alternative frameworks influence these decisions. Its findings highlight GAAP utilization rates across different types of governments and explore implications for transparency, accountability, debt costs, and future reporting under the Financial Data Transparency Act of 2022.