Response to the GASB Invitation to Comment onFinancial Reporting Model Improvements—Governmental Funds (Project No. 3-25I)

What is it about?

This comment letter was prepared by the AAA's Accounting and Auditing Standards Committee of the Governmental and Nonprofit Accounting Section in response to GASB's ITC 3-25I on Financial Reporting Model Improvements - Governmental Funds. The comment letter makes a contribution to the literature by informing JOGNA readers of GASB's standard setting activities and providing Committee responses to questions posed by GASB in the early stage of the standard setting process.

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