The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

GOVERNMENT ACCOUNTING STANDARDS BOARD (GASB) Definition & Legal Meaning

Definition & Citations:

A private sector entity. Accountable for setting, improving, monitoring US local and state government financial reporting and standardized accounting practices. This activity improves the understanding and use of state and local governments’ financial records. Contributions, municipal bonds assessment fees, and publications sales fund this entity.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.