National Council on Governmental Accounting (NCGA)

The National Council on Governmental Accounting (NCGA) was a standards-setting organization in the United States responsible for establishing accounting principles for state and local governments. It developed foundational guidelines to ensure consistent and transparent financial reporting across government entities. In 1984, the NCGA's responsibilities were transferred to the Governmental Accounting Standards Board (GASB), which continues to set these standards today. Essentially, the NCGA helped define how governments record and communicate their financial activities to promote accountability, comparability, and clarity for taxpayers, officials, and other stakeholders.