In which GASB pronouncement was there a commitment to expand reporting to include service efforts and accomplishments (SEA)?

The correct answer highlights the importance of service efforts and accomplishments (SEA) in governmental financial reporting, specifically addressed in GASB Concepts Statement No. 2. This statement emphasizes the need for financial reports to present not only the financial position of a government entity but also the effectiveness and efficiency of its services, thereby promoting accountability and better decision-making.

GASB Concepts Statement No. 2 explicitly acknowledges that financial information is more useful when it includes measures of both the costs of specific services and the outcomes achieved, leading to insights into the performance of governmental entities. This broader reporting framework aims to enhance transparency and provide stakeholders with relevant information regarding how resources are allocated and the actual benefits derived from those resources.

In contrast, while GASB Statement No. 34 is significant because it established new reporting standards for financial statements, its primary focus was on the structure, presentation, and basis for reporting rather than on the specific inclusion of SEA. GASB Interpretation No. 6 deals with a different aspect of governmental accounting and reporting and does not pertain to SEA. Therefore, Concepts Statement No. 2 is the foundational guidance that directly links to the commitment to expand reporting to encompass service efforts and accomplishments.