GASB Financial Reporting Model Project Documents

LGC staff are developing responses to the GASB Board related to the four GASB financial reporting model project documents located at If you are a NC local government or a firm that audits NC local governments and are submitting comments to GASB on these reporting model documents, please share your comments to GASB with our staff. Our staff will do the same. Mutual understanding of our concerns may help us all develop improved responses so that the guidance works better for North Carolina.

These documents represent pervasive guidance that will impact you and your governing boards significantly. The LGC staff urges you to spend some time with the exposure drafts and preliminary views document and add your voice to the conversation by providing your comments to GASB. If you wish to share the comments you submit to GASB with LGC staff, please forward them to Thank you in advance for your efforts and your input.