Governmental Accounting Standards Board

E453736

independent organization nonprofit organization standards-setting organization

The Governmental Accounting Standards Board is an independent organization that establishes accounting and financial reporting standards for U.S. state and local governments.

Try in SPARQL Jump to: Surface forms Disambiguation Statements Elicitation Referenced by

All labels observed (5)

Label	Occurrences
Governmental Accounting Standards Board canonical	7
GASB	2
Generally Accepted Accounting Principles for U.S. state and local governments	1
Governmental Accounting Standards Board standards	1
Statements of Governmental Accounting Standards	1

How this entity was disambiguated

This entity first appeared as the object of triple T4575563 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.

NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07

Target entity: Governmental Accounting Standards Board
Context triple: [Financial Accounting Foundation, oversees, Governmental Accounting Standards Board]

A. Financial Accounting Standards Board
The Financial Accounting Standards Board is an independent U.S. organization that establishes and improves financial accounting and reporting standards for public and private companies.
B. Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board is a nonprofit regulatory body in the United States that oversees the audits of public companies to protect investors and enhance the accuracy and reliability of corporate financial reporting.
C. Bureau of Accountancy
The Bureau of Accountancy is a division within the New York City government responsible for managing and overseeing the city’s accounting and financial reporting functions.
D. Statements of Financial Accounting Standards
Statements of Financial Accounting Standards were authoritative pronouncements issued by the Financial Accounting Standards Board that established key accounting principles and reporting requirements under U.S. GAAP before being superseded by the FASB Accounting Standards Codification.
E. General Council on Finance and Administration
The General Council on Finance and Administration is the United Methodist Church’s chief administrative and financial agency, responsible for overseeing its budgets, properties, and business operations.
F. None of above. chosen
G. Unsure - the case is ambiguous/there is not enough information to decide.

NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07

Target entity: Governmental Accounting Standards Board
Target entity description: The Governmental Accounting Standards Board is an independent organization that establishes accounting and financial reporting standards for U.S. state and local governments.

A. Financial Accounting Standards Board
The Financial Accounting Standards Board is an independent U.S. organization that establishes and improves financial accounting and reporting standards for public and private companies.
B. Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board is a nonprofit regulatory body in the United States that oversees the audits of public companies to protect investors and enhance the accuracy and reliability of corporate financial reporting.
C. Bureau of Accountancy
The Bureau of Accountancy is a division within the New York City government responsible for managing and overseeing the city’s accounting and financial reporting functions.
D. Statements of Financial Accounting Standards
Statements of Financial Accounting Standards were authoritative pronouncements issued by the Financial Accounting Standards Board that established key accounting principles and reporting requirements under U.S. GAAP before being superseded by the FASB Accounting Standards Codification.
E. General Council on Finance and Administration
The General Council on Finance and Administration is the United Methodist Church’s chief administrative and financial agency, responsible for overseeing its budgets, properties, and business operations.
F. None of above. chosen

Statements (50)

Predicate	Object
instanceOf	independent organization ⓘ nonprofit organization ⓘ standards-setting organization ⓘ
abbreviation	GASB ⓘ linked to: Governmental Accounting Standards Board
alsoKnownAs	GASB ⓘ linked to: Governmental Accounting Standards Board
appliesTo	accrual-basis financial statements of governmental activities ⓘ modified accrual-basis financial statements of governmental funds ⓘ
boardComposition	full-time board members ⓘ
country	United States ⓘ linked to: United States of America
differenceFrom	Financial Accounting Standards Board sets standards for private-sector and some not-for-profit entities ⓘ
field	governmental accounting ⓘ
focus	external financial reporting ⓘ general purpose financial statements ⓘ
founded	1984 ⓘ
founder	Financial Accounting Foundation ⓘ
governanceStructure	board appointed by the Financial Accounting Foundation ⓘ
headquartersLocation	Norwalk, Connecticut ⓘ linked to: Norwalk
industry	accounting ⓘ financial reporting ⓘ
issues	Concept Statements ⓘ Implementation Guides ⓘ Interpretations ⓘ Statements of Governmental Accounting Standards ⓘ linked to: Governmental Accounting Standards Board Technical Bulletins ⓘ
jurisdiction	U.S. local governments ⓘ U.S. state governments ⓘ
language	English ⓘ
legalForm	private, non-governmental organization ⓘ
locatedInTimeZone	Eastern Time Zone ⓘ
method	due process procedures for setting standards ⓘ public comment on exposure drafts of proposed standards ⓘ
oversightBy	Financial Accounting Foundation Board of Trustees ⓘ linked to: Board of Trustees of the Financial Accounting Foundation
parentOrganization	Financial Accounting Foundation ⓘ
primaryUsersOfStandards	citizens ⓘ credit analysts ⓘ investors in municipal securities ⓘ legislators ⓘ oversight bodies ⓘ
purpose	establish accounting standards for U.S. state and local governments ⓘ establish financial reporting standards for U.S. state and local governments ⓘ improve usefulness of financial reports for users ⓘ promote accountability in governmental financial reporting ⓘ promote transparency in governmental financial reporting ⓘ
regionServed	United States ⓘ linked to: United States of America
relatedOrganization	Financial Accounting Standards Board ⓘ
scope	governmental entities such as cities, counties, and school districts ⓘ local governments in the United States ⓘ state governments in the United States ⓘ
standardType	Generally Accepted Accounting Principles for U.S. state and local governments ⓘ linked to: Governmental Accounting Standards Board
website	https://www.gasb.org ⓘ

How these facts were elicited

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Accounting Foundation → oversees → Governmental Accounting Standards Board ⓘ

Financial Accounting Foundation → supports → Governmental Accounting Standards Board ⓘ

Financial Accounting Foundation → hasSubsidiaryBody → Governmental Accounting Standards Board ⓘ

Bureau of Accountancy → usesAccountingStandard → Governmental Accounting Standards Board standards ⓘ