Governmental Accounting Standards Board
E453736
The Governmental Accounting Standards Board is an independent organization that establishes accounting and financial reporting standards for U.S. state and local governments.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Governmental Accounting Standards Board canonical | 3 |
| Governmental Accounting Standards Board 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.
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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.
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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.
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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Standards Board that established key accounting principles and reporting requirements under U.S. GAAP before being superseded by the FASB Accounting Standards Codification.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 NERFINISHED ⓘ |
| alsoKnownAs | GASB NERFINISHED ⓘ |
| appliesTo |
accrual-basis financial statements of governmental activities
ⓘ
modified accrual-basis financial statements of governmental funds ⓘ |
| boardComposition | full-time board members ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| 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 NERFINISHED ⓘ |
| governanceStructure | board appointed by the Financial Accounting Foundation ⓘ |
| headquartersLocation | Norwalk, Connecticut NERFINISHED ⓘ |
| industry |
accounting
ⓘ
financial reporting ⓘ |
| issues |
Concept Statements
NERFINISHED
ⓘ
Implementation Guides ⓘ Interpretations ⓘ Statements of Governmental Accounting Standards NERFINISHED ⓘ Technical Bulletins NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| parentOrganization | Financial Accounting Foundation NERFINISHED ⓘ |
| 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 of America
ⓘ
surface form:
United States
|
| relatedOrganization | Financial Accounting Standards Board NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| website | https://www.gasb.org ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Governmental Accounting Standards Board Description of subject: The Governmental Accounting Standards Board is an independent organization that establishes accounting and financial reporting standards for U.S. state and local governments.
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Governmental Accounting Standards Board standards