This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

GASB issues implementation guide

  • GASB document Image

Mar 24, 2016

The GASB has issued Implementation Guide No. 2016-1, “Implementation Guidance Update — 2016.”

The im­ple­men­ta­tion guide in­cludes Q&As that address the GASB’s standards on fair value and tax abatement disclosures. In addition, the guide “addresses a wide array of practice issues on other topics that have been brought to the GASB’s attention and reinstates certain previously superseded questions and answers that have been updated for the effects of newly issued standards on pensions and other postemployment benefits.”

The guide is ef­fec­tive for re­port­ing periods be­gin­ning after June 15, 2016. For more in­for­ma­tion, see the press release and im­ple­men­ta­tion guide on the GASB’s Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.