Project Description The objective of this project was to update implementation guidance for additional issues that came to the attention of the staff. Status Implementation Guide No. 2023-1, Implementation Guidance Update—2023, was cleared for issuance in June 2023. Issued Documents & Materials

In addition to new questions and answers, this Implementation Guide includes amendments to previously issued implementation guidance to address issues identified by the GASB subsequent to the clearance of that guidance.

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Questions 4.3 and 4.5 of Implementation Guide 2019-2, as amended, are effective for reporting periods beginning after December 15, 2019. Earlier application is encouraged if Statement 84, as amended, has been implemented.

In addition to new questions and answers, this Implementation Guide includes amendments to previously issued implementation guidance to address issues identified by the GASB subsequent to the clearance of that guidance.

Apr 8, 2025 · All updates are incorporated into the Codification of Governmental Accounting and Financial Reporting Standards and the Comprehensive Implementation Guide, as appropriate.

New questions and answers are included in this Implementation Guide to address (a) issues raised by the GASB’s stakeholders through inquiries posed to the GASB and (b) issues identified by the GASB in anticipation of questions that will arise during implementation of GASB pronouncements.

Jun 15, 2021 · Implementation Guide No. 2020-1 Implementation Guidance Update—2020 Issued: April 2020 Effective Date: The requirements of this Implementation Guide are effective as follows: Questions 4.1–4.5, 4.18, and 5.3 for reporting periods beginning after June 15, 2021

INTRODUCTION 1. The objective of this Implementation Guide is to provide guidance that clarifies, explains, or elaborates on GASB Statements and Interpretations.

Pronouncements issued by the GASB are designed to provide information that is useful to related decision-making.