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Position Statements

The following are official positions of the Virginia Government Finance Officers' Association.  Click on a Position Statement below to download the corresponding PDF file.

Position Statement

Date

VGFOA Response to SEC's 2014 MMMF Reform Rule:
 Proposed Revisions to MMMF Reform Rule
April 21, 2015
VGFOA Response to Preliminary Views:
Download PDF FileGovernmental Accounting Standards Board on Fair Market Value and Application
September 30, 2013
VGFOA Response to GASB Exposure Draft:
Download PDF FileProposed Statement of Government Accounting Concepts - Measurement of Elements of Financial Statements
September 30, 2013
VGFOA Response to GASB Exposure Draft:
Download PDF FilePension Transition for Contributions Made Subsequent to the Measurement Date an Amendment of GASB Statement No. 68
August 12, 2013
VGFOA Response to AICPA Professional Ethics Executive Committee Exposure Draft:
Download PDF FileProposed Revised Code of Professional Conduct
May 31, 2013
VGFOA Response to the Financial Accounting Foundation Request for Comment:
Download PDF FileGASB's Scope of Authority: Proposed Changes to Agenda Setting Process
April 30, 2013
VGFOA Comment Letter to the Office of Management and Budget (OMB):
Download PDF FileReform of Federal Financial Policies Relating to Grants and Cooperative Agreements: Cost Principles and Administrative Requirements (Including Single Audit Act)
April 26, 2013
VGFOA Response to GASB Exposure Draft: 
Download PDF FileAccounting and Financial Reporting for Nonexchange Financial Guarantee Transactions
September 25, 2012
VGFOA Response to GASB Exposure Draft: 
Download PDF FileGovernment Combinations and Disposals of Government Operations
June 15, 2012
VGFOA Comment Letter to the Office of Management and Budget (OMB): 
Download PDF FileReform of Federal Policies Relating to Grants and Cooperative Agreements
April 30, 2012
VGFOA Response to Preliminary Views of the Governmental Accounting Standards Board:
Download PDF FileEconomic Condition Reporting - Financial Projections
March 7, 2012
VGFOA Response to GASB Exposure Draft:
Download PDF FileTechnical Corrections
December 7, 2011
VGFOA Response to Governor's Task Force for Local Government Mandate Review:
Download PDF FileState Mandates
December 6, 2011
VGFOA Response to GASB Exposure Draft:
Download PDF FileReporting Items Previously Recorded as Assets and Liabilities
November 14, 2011
VGFOA Response to GASB Exposure Draft:
Download PDF FileAccounting and Financial Reporting for Pensions
September 28, 2011