GASB Launches Video Series to Aid Elected Officials in Understanding Financial Reports
The Governmental Accounting Standards Board (GASB) has released a series of 16 videos aimed at helping elected officials and stakeholders comprehend government financial reports. These videos, available on the GASB website, are designed to simplify the complex information contained in financial reports, making it more accessible to non-accountants such as city council members and state legislators. The series includes a three-part introduction to financial reporting and 13 additional videos covering key areas of the annual comprehensive financial report. GASB Chair Joel Black emphasized the importance of these resources in providing a straightforward understanding of financial reports, which are typically technical and challenging for non-experts. 
