In this episode of Bridging the GAAP, host Matt Broder speaks with Paulina Haro, GASB senior technical manager, for a deeper look at the GASB’s Voluntary Digital Financial Reporting Taxonomy project. They discuss how the financial reporting model and financial reporting entity guidance informed the development of the taxonomy’s structural design, including the organization of financial statements, notes, and other components of government financial reports. Paulina also explains the considerations involved in developing taxonomy line items, the role of the taxonomy consultative group, and upcoming opportunities for stakeholder education and feedback. They explore the GASB’s recently issued Discussion Memorandum, Voluntary Digital Financial Reporting—Structural Design, and how stakeholders can share their views on the proposed approach. Comments on the Discussion Memorandum are due November 30, 2026.

In this episode of Bridging the GAAP, host Matt Broder speaks with Deborah Beams, GASB senior project manager, about GASB Statement No. 104, Disclosure of Certain Capital Assets. They discuss how the Statement builds on the capital asset reporting requirements established by Statement No. 34, Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments, why the GASB revisited those requirements, and how the scope of the project evolved from a broader examination of nonfinancial assets. Deborah also explains the Statement’s enhanced disclosure requirements for certain capital assets, including lease assets, intangible right-to-use assets, and subscription assets, as well as new disclosure requirements for capital assets held for sale. They explore how these disclosures can help users of government financial statements better assess a government’s financial position and accountability, and what governments should know as they implement the new requirements.

In this episode of Bridging the GAAP, host Matt Broder speaks with Lisa Parker, GASB senior project manager, about GASB Statement No. 103, Financial Reporting Model Improvements, and Implementation Guide No. 2026-1, Financial Reporting Model Improvements—Subsidies. They discuss how Statement 103 builds on the financial reporting model established by Statement No. 34, Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments, why the GASB revisited that guidance, and how the scope of the project evolved. Lisa also explains the Statement’s targeted improvements to management’s discussion and analysis and proprietary fund statements, including the new guidance related to subsidies, and discusses what governments and practitioners should be doing to prepare for implementation.

In this episode of Bridging the GAAP, host Matt Broder speaks with Joel Black, GASB chair, and Joseph Wicklund, GASB project manager, about the GASB’s research on cybersecurity disclosures. They discuss why the Board undertook the research, how the project team reviewed the types of cybersecurity risks and existing reporting practices, and the opportunities and challenges identified in considering financial reporting guidance for cybersecurity. They also explain the Board’s decision on whether to undertake a standard-setting project based on the results of the research.

In this episode of Bridging the GAAP, host Matt Broder speaks with Joel Black, GASB Chair, and Paulina Haro, GASB Senior Technical Manager, about the GASB’s Voluntary Digital Financial Reporting Taxonomy project. They discuss the objectives of the project, how it supports the digital production and consumption of annual comprehensive financial reports (ACFRs), and the relationship between the project and broader digital reporting initiatives.

In this episode of Bridging the GAAP, host Matt Broder speaks with Emily Paul, GASB Senior Project Manager, about the GASB’s Discussion Memorandum on GAAP structure. They discuss the objectives of the pre-agenda research project, considerations related to a potential single-authority structure, and how stakeholders can provide feedback on the Discussion Memorandum by August 31, 2026.

In this episode of Bridging the GAAP, host Matt Broder speaks with Joe Wicklund, GASB Project Manager, about the GASB’s Exposure Draft on Infrastructure Assets. They discuss the project’s background, key aspects of the proposal, and how it has evolved from an earlier proposal. Stakeholders are encouraged to provide feedback by June 26, 2026.

In this episode of Bridging the GAAP, host Matt Broder, FAF Vice President of Communications, speaks with Lisa Parker, GASB Senior Project Manager, about the GASB’s proposed Implementation Guide on Subsidies under Statement 103, Financial Reporting Model Improvements, including key topics and recent updates to guidance. Stakeholders are encouraged to provide feedback, with comments due by April 27, 2026.