Standards & Guidance

The FASAB Handbook of Accounting Standards and Other Pronouncements, as Amended (Current Handbook)—an approximate 2,300-page PDF—is the most up-to-date, authoritative source of generally accepted accounting principles (GAAP) developed for federal entities. It is updated annually to incorporate pronouncements issued by FASAB through June 30 of each year. The annual update includes incorporating amendments within each previously issued pronouncement.

Documents for Comment

  • Conforming Amendments to Technical Releases for SFFAS 50… due 1/9/17
  • 2016 Annual Report and Three-Year Plan due 1/30/2017
  • Federal Financial Reporting due 1/6/2017
  • Leases: An Amendment of SFFAS 5 and SFFAS 6 due 1/6/2017
  • Tax Expenditures: Management’s Discussion … due 9/15/2016
  • Insurance Programs due 3/29/16
  • View documents

The following pronouncements have been issued since June 30, 2016, and are not included in the current handbook:

Each issuance is presented individually in the handbook by chapter, and those issuances not already included in the complete handbook will be incorporated into the next annual update.