GASB recently issued implementation guidance that is intended to clarify, explain, or elaborate on some of the board's accounting standards for state and local governments.
The guidance is included in Q&A format in Implementation Guide No. 2018-1, Implementation Guidance Update — 2018. The update contains new guidance on GASB standards on pensions, other post-employment benefits, the statistical section, regulatory reporting, and tax abatement disclosures.
Requirements in the implementation guide took effect for reporting periods beginning after June 15, 2018.