Help GASB Collect Implementation Information about Statement 84

By David Bean, Director of Research and Technical Activities, GASB

The Governmental Accounting Standards Board (GASB) is making significant changes to how it collects information from governments about the effort required to implement major Statements. The changes will make the process timelier and result in more accurate information to support the GASB’s standards-setting activities. The new process is described in a two-page article recently published on the GASB website.

Under the new process, the GASB will invite governments to volunteer to participate, in addition to its usual practice of inviting a random sample of governments. If you are interested in participating in the process for the implementation of Statement No. 84, Fiduciary Activities, please click here to register.

What does participation entail?

Participating in the new process will not require much effort or time on your part, though the potential benefits to the standards-setting process could be substantial. You will be asked to do three things:

1.   Register to participate and answer some questions about the staff hours and non-staff costs associated with preparing your audited financial report for the year before you implement Statement 84. (If your government is still in that fiscal year, the GASB subsequently will send you a link to a website for reporting that information after the fiscal year has ended.) The GASB also will ask you to send it a copy of that financial report.

2.    Keep track of the staff hours and non-staff costs specifically associated with implementing Statement 84 as part of preparing your audited financial statements for your first fiscal year ending December 31, 2019 or later. After that fiscal year, the GASB will send you a link to a website where you can report those staff hours and non-staff costs, upload a copy of your audited financial report, and tell the GASB about any parts of Statement 84 that you found particularly difficult to apply.

3.    Keep track of the staff hours and non-staff costs in the second year of applying Statement 84. After that fiscal year, the GASB again will send you a link to a website where you can report staff hours and non-staff costs and upload a copy of your audited financial report.

The GASB understands that most governments do not have a system that allows them to track hours and costs related to a particular Statement. However, the GASB hopes that by engaging governments before they implement the standards, governments will be able to keep informal records that will enable them to make an informed and more accurate estimate of the staff hours and non-staff costs required to implement.

The GASB plans to conduct several teleconferences during the summer and early fall to answer questions participants may have about the process and what staff hours and non-staff costs should be included. More information about those teleconferences will be available soon.

Governments that complete the process will receive an official letter from the GASB chairman, thanking them for their participation in this important initiative.

How can you volunteer to participate?

You can volunteer by visiting this website and providing your contact information. Depending on the month in which your fiscal year ends, you also may be asked to answer some questions about staff hours and non-staff costs. You will be able to save the survey and return later to answer those questions if you need additional time.


Email Dean Mead, Senior Research Manager, at with any questions you may have about this process. Thank you in advance for considering taking part in this new initiative.

Secure Your Sponsorship for the 2019 ABFM Conference

The Association for Budgeting & Financial Management (ABFM) invites your participation as a sponsor of our upcoming 2019 Annual Conference, September 26-28 in Washington, DC. Sponsor support for each year’s conference is vital to the success of our conference and pursuit of our mission.

Click Here for Sponsorship Request Letter

Click here for an overview of our sponsorship levels, and the benefits and amenities offered by each. Nearly every level includes an ad placement in our conference program, which will be received by each of the approximately 200 conference attendees and published online. Many of our sponsorship levels also include event sponsor recognition and complimentary conference registrations.

If you are ready to pledge now, click here to visit our sponsorship entry form. Once you have provided the requested information, the system will generate an invoice and send it to you by email. You may then make payment by check or credit card. Additional details are available online and in the attached announcement.

If you have any questions, Sarah Larson (, and ABFM Treasurer Hai (David) Guo ( will be very happy to get you the answers.

Call for Nominations Open for 2019 ABFM Awards

The Call for Nominations is now open for ABFM’s 2019 Annual Awards. These awards, recognizing excellence in public sector budgeting and finance and incorporating service and academic achievement, will be presented during the 2019 ABFM Annual Conference in Washington, DC, September 26th-28th.

Please review information on each award listed below for deadlines and submission contacts:

Aaron B. Wildavsky Award
This award is conferred to honor the lifetime scholarly accomplishments of Aaron B. Wildavsky. It is granted annually to a distinguished scholar in the field of public budgeting and financial management fo lifetime achievement. The award recipient should be an outstanding scholar as judged by his or her record of publication and service over a sustained period of time. Nominations should include a 1-2 page letter outlining the nominee’s significant accomplishments, the nominee’s vitae, and no more than two additional letters of recommendation. A committee will determine the award winner.
Nominations should be sent by June 30, 2019 to Justin Marlowe (
Kenneth S. Howard Award
This award is presented to honor the lifetime accomplishments of S. Kenneth Howard. It is granted annually to a distinguished practitioner in the field of public budgeting and financial management for lifetime achievement. The award recipient should be an outstanding practitioner as judged by his or her record of service over a sustained period of time. Nominations should include a 1-2 page letter outlining the nominee’s significant accomplishments, the nominee’s vitae/resume, and no more than two additional letters of support. A committee will determine the award winner.
Nominations should be sent by June 30, 2019 to Bryan Sullivan at
Paul Posner Pracademic Award
The Paul Posner Pracademic Award is presented to honor lifetime achievement for significant contributions made to the field of budgeting and financial management as both a practitioner and an academic. This is not an annual award. It will be made only when an exemplary candidate is nominated and ultimately approved by the Paul Posner Pracademic Award Committee. The award recipient should be an outstanding pracademic (practitioner and scholar) as judged by his or her record of service to and publication in the field over a sustained period of time. Nominations should include a 1-2 page letter outlining the significant accomplishments of the nominee, the nominee’s vitae, and no more than two additional letters of recommendation. A committee will determine the award winner.
The award is named for Paul Posner, the ultimate pracademic. He worked for the Government Accountability Office (GAO) for 30 years where he was Managing Director for Strategic Issues. Paul led GAO’s work on the long-term federal budget outlook and emerging challenges for public-sector finances at all levels of government. He was responsible for GAO’s work on performance budgeting and testified numerous times before congressional committees on budget related issues. After retiring from GAO in 2005, Paul became the Director of the George Mason University’s Schar School of Policy and Government.
Nominations should be sent by June 30, 2019 to Justin Marlowe (
Mike Curro Student Paper Award
Graduate students who have written outstanding papers in the field as part of a course, independent study, or other faculty-supervised projects are eligible. The paper must be nominated by a faculty supervisor and have been written between June 2018 and June 2019. It may not have been previously presented at a professional conference. Papers written by more than one student are not eligible. The papers can represent a variety of formats and topics within the broader interests of ABFM. In the past, they have included traditional research efforts, critical literature comparisons, or analyses of financial documents. The topics have ranged across the discipline to include papers on federal budgeting, local government financing, state revenue choices, capital planning, trends in debt issuance, financial and accounting practices, and financing of specific policy functions.
Papers will be judged by both academic and practitioner members of ABFM and will be evaluated according to general criteria: contribution to the field, the appropriateness of the methodology, the quality of the research analysis, clarity of writing, logic of presentation, and originality and creativity. Faculty members responsible for nominating students should send a letter of nomination that includes the student’s name, the degree the student is pursuing, the school name, when the paper was written, and the thesis or purpose of the paper. If the paper was written for a class, please include the name of the course and when the course was offered. If the paper was part of the student’s extracurricular duties, please describe those duties. A financial award and commemorative plaque will be presented to the winner. Authors of other top papers not selected will be encouraged to present their papers as part of appropriate ABFM conference panels. Conference registration will be waived for the winner.
Nomination letters and copies of student papers should be sent as e-mail (.doc file or PDF) attachments by June 30, 2019 to Committee Chair Wenli Yan (

2019 ABFM Call for Proposals, Deadline May 1st

ABFM 2019 Call for Papers Panels


SEPTEMBER 26-28, 2019



The Association for Budgeting and Financial Management invites you to submit a paper or panel proposal for its annual research conference. This year’s conference will be held September 26-28 in Washington, DC. Though papers have traditionally focused on U.S. state and local government budgeting and financial management, we welcome papers on federal budgeting as well as papers with an international or comparative perspective. This year, there will be a special multiple-session track on public budgeting and financial management in Asia jointly hosted by the China-America Association for Public Affairs and Chinese Public Administration Review (CPAR). We also encourage both academics and practitioners to submit proposals. Below is a list of selected topics on which papers and panels have focused in recent conferences.

Please submit all paper and panel proposals by May 1, 2019, using one of the links above. Proposals will be reviewed and competitively selected. Please submit questions to the conference committee at Please send inquiries regarding the special international session track to Elaine Yi Lu, Professor & Director, City University of New York-John Jay College ( and Gang Chen, Assistant Professor, Rockefeller College of Public Affairs and Policy, University at Albany, State University of New York (

We look forward to seeing you in Washington, DC!

Selected Conference Topics:

Tax Policy & Administration Municipal Securities
Budgetary Theory Performance Budgeting
Politics of Budgetary Process Budgeting for National Security
Transportation Finance Debt Financing & Management
Budgeting & Economic Development Education Finance
International & Comparative Budgeting Accounting & Financial Reporting
History of Budgeting Revenue Diversification
Citizen Participation in Budgeting Not-for-Profit Finance & Financial Management
Budget Reform Budget Rules & Institutions
Current Trends in Public Finance Financial Management
Public Pensions Capital Planning & Management
Healthcare Liabilities Financing Urban Growth
Forecasting Public-Private Partnerships
Investment Management Intergovernmental Finance/Fiscal Federalism

Nominations Open for ABFM Officers, Executive Committee – DEADLINE JULY 18TH!

ABFM is now seeking candidates to stand for election for Vice Chair-Elect (2018) and for three openings on its Executive Committee (2019-2021).

The Vice Chair-Elect becomes Vice Chair in 2019, then becomes the Chair-Elect in 2020 and serves as the Conference Chair for 2020 conference, and Chair of ABFM in 2021.  The three Executive Committee members will serve for a period of three years.

The election will be conducted on-line.  The candidate receiving the highest vote for Vice-Chair-Elect will claim that position.  The three candidates who receive the highest number of votes for the Executive Committee will claim those positions.

Interested individuals are encouraged to examine the ABFM By-Laws (click here to view) to review the responsibilities of each position.

Individuals interested in standing as candidates for Vice Chair-Elect or the Executive Committee should submit a short biographical statement to Dan Smith at AND Bryan Sullivan at by Wednesday, July 18, 2018.  Please clearly indicate the office you are seeking.

Elections are expected to be completed by end of July or early August with terms beginning on January 1, 2019.