Capitalization of Collections
American Association for State and Local History (AASLH)
The AASLH provides its position paper on the capitalization of collections in which they assert that collections should not be considered financial assets.
Financial Accounting Standards Board (FASB)
The FASB provides the full Accounting for Contributions Received and Contributions Made statement. (PDF, 61 pages) (Updated statement from 2019 available here. PDF, 18 pages)
Governmental Accounting Standards Board (GASB)
Governmental Accounting Standards Board (GASB) offers information about Statement 34, which establishes new financial reporting requirements for state and local governments throughout the United States.