- news
- GOVERNMENT
GASB issues implementation guidance
Please note: This item is from our archives and was published in 2018. It is provided for historical reference. The content may be out of date and links may no longer function.
Related
Why stablecoin controls create a solid foundation in an evolving environment
AICPA pushes for congressional support of Fiscal State of the Nation Act
SEC proposes amendments to small entity definitions
GASB issued implementation guidance Monday 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 postemployment benefits, the statistical section, regulatory reporting, and tax abatement disclosures.
Requirements in the implementation guide take effect for reporting periods beginning after June 15, 2018.
—Ken Tysiac (Kenneth.Tysiac@aicpa-cima.com) is a JofA editorial director.
