Standards & Guidance

The FASAB Handbook of Accounting Standards and Other Pronouncements, as Amended (Current Handbook)—an approximate 2,900-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. The annual update includes incorporating amendments within each previously issued pronouncement.

The following pronouncements are not included in the current handbook:

• SFFAS 64—Management’s Discussion and Analysis: Rescinding and Replacing SFFAS 15 (PDF)
• SFFAC 10—Omnibus Concepts Amendments 2024: Amending SFFAC 2 with Note Disclosures and MD&A Concepts and Rescinding SFFAC 3 (PDF)

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.