Glossary of Municipal Securities Terms

GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB)

A standard-setting body, associated with the Financial Accounting Foundation and comparable to the Financial Accounting Standards Board. GASB establishes standard of financial accounting and reporting practices for state and local governmental units. See: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. Compare: FINANCIAL ACCOUNTING STANDARDS BOARD.

Search the Glossary

 

Browse Terms by Letter