Upcoming FASB ASC and GASB GARS Updates, Online Store Upgrade: Outage and Impact
The FAF is pleased to announce that we will be launching a new FASB Accounting Standards Codification® (ASC) platform with a new Professional View and Basic View, as well as a new online store, with the new GASB Accounting Research System (GARS) coming thereafter.
The new FASB ASC and GASB GARS—both Basic View and Professional View—will maintain the content and functionality you are familiar with, along with the benefits of transitioning to a next generation platform.
• For an overview of the new FASB ASC, check out this VIDEO https://bcove.video/38Dbp5O.
• For answers to frequently asked questions about ASC subscriptions and access, check out the FAQ FASB ASC FAQ.pdf
FASB and GASB Store Outage
As part of the cutover, the FASB and GASB online store sites are currently unavailable for a period of time.. All current subscribers will be able to continue accessing the FASB ASC and GARS Online content during this time.
FASB ASC: Temporary Feature Freeze and Account Suspension of Services
While all current subscribers will still have access to the FASB ASC during this time, certain Professional View functions (annotations, feedback, history, saved search, etc.) will not be available for a brief period of time until the new ASC platform is live.
In addition, during that time, customers will also not be able to make new purchases or initiate renewals of the ASC, and administrators for existing Professional View subscriptions will not be able to make any changes to their account, including adding or removing individual users from a subscription.
We hope the impact on you is minimal, and apologize for any inconvenience. Please check back here for updates, or you may reach out to firstname.lastname@example.org with questions.
GASB GARS: Temporary Feature Freeze and Account Suspension of Services
Similar to the FASB ASC, all current GARS subscribers will still have access to GARS but certain Professional View functions (annotations, bookmarks, feedback, saved search, history, etc.) will not be available until the new GARS platform is live.
During that time customers will not be able to make new purchases or initiate renewals of GARS, and administrators for ProView subscriptions will not be able to make any changes to their account, including adding or removing individual users from a subscription. To ensure uninterrupted service for renewing subscribers, all subscriptions that are due to be renewed between now and September 30, 2022 will automatically be extended through September 30, 2022.
We will provide updates on GASB.org as we approach the potential roll out date for GARS. We apologize for the suspension of services and inconvenience, and value you as a GASB stakeholder. As such, we will also be extending all paid subscriptions for two additional months at no cost to you. We will add those months on to the end of all existing subscriptions.
Please check back here for updates, or you may reach out to email@example.com with questions.