COMMUNICATION CASE 1 Read the following articles and any other papers that are available on setting governmental accounting standards:

“25 Years of State and Local Governmental Financial Reporting—An Accounting Standards Perspective,” The Government Accountants Journal, Fall 1992.

“The Governmental Accounting Standards Board: Factors Influencing Its Operation and Initial Technical Agenda,” The Government Accountants Journal, Spring 2000.

“Governmental Accounting Standards Come ofAge: Highlights from the First 20 Years,” Government Finance Review, April 2005.

“GASB Re-Examines Fund Balance Reporting and Definitions of Fund Types,” Government Finance Review, December 2006.

“A Century of Governmental Accounting and Financial Reporting Leadership,” Government Finance Review, April 2006.

Required Write a short paper discussing the evolution of governmental accounting.