GASB seeks input on voluntary digital financial reporting discussion memorandum
September 11, 2026
GASB is seeking comment on a discussion memorandum that explores the design of the GASB-GAAP Taxonomy, one pathway to digitalization of governments’ financial statements.
The discussion memorandum, Voluntary Digital Financial Reporting—Structural Design, is a staff document for seeking feedback at an early stage in the project.
The memorandum seeks stakeholder feedback on how the taxonomy was organized to enable digitalization of financial statements and asks respondents to comment on key taxonomy design considerations intended to help shape future voluntary digital financial reporting for state and local governments.
FASB is seeking comments on the discussion memorandum through Monday, Nov. 30.
