What is your view on this? Please see below.

The GASB's goal is targeted at improving and establishing standards in terms of usability for all users and stakeholders combined with the effort of resolving government transparency and accountability. The world of finance and technology are complex and constantly evolving. In order for standards to remain relevant, we must keep up with that pace. Standards that have become outdated need to be reexamined; those standards are fundamentally interconnected with other standards creating potential implementation issues, to which, must also be addressed, in a timely manner, in an effort to limit confusion.