GFOA and the Blue Book.(Review)

The focus of this issue of Government Finance Review is the release of the latest version of GFOA's classic Governmental Accounting, Auditing, and Financial Reporting (GAAFR), known to many simply as the "Blue Book." As described elsewhere in this issue, the new Blue Book is actually the seventh publication in a series of publications that extends all the way back to 1936.

The new GAAFR is the capstone of a comprehensive GFOA effort to equip members to meet the challenge of implementing the new governmental financial reporting model established by the Governmental Accounting Standards Board's (GASB) Statement No. 34, Basic Financial Statements--and Management's Discussion and Analysis--for State and Local Governments. Other elements of this initiative include:

* the companion GAAFR Study Guide;

* the companion GAAFR Self-Study Course;

* An Elected Official's Guide to the New Governmental Financial Reporting Model;

* companion slides for An Elected Official's Guide to the New Governmental Financial Reporting Model (available on GFOA's Web site);

* a GFOA Technical Bulletin providing a brief overview of the new model (available on GFOA's Web site);