Project Pages

Implementation Guidance Update

Project Description: The objective of this project is to update implementation guidance for the effects of new pronouncements and for additional issues that have come to the attention of the staff. In addition, this project will result in issuance of an annual update to the Comprehensive Implementation Guide.

Status: 2013–2014 Comprehensive Implementation Guide was published in September 2013.

Comprehensive Implementation Guide Update—Project Plan

Background: To date, the GASB staff has issued 13 stand-alone Implementation Guides. These guides, with the exception of the Statement 68 guide have been incorporated into the Comprehensive Implementation Guide. Implementation Guidance is updated annually through the addition of new questions and answers and the amendment or deletion of previous questions and answers that no longer are relevant due to subsequently issued guidance or to the passage of time.

Project History:
  • Published 2012–2013 edition of the Comprehensive Implementation Guide: October 2012
  • Published 2013–2014 edition of the Comprehensive Implementation Guide: September 2013
  • No edition of the Comprehensive Implementation Guide will be published for 2014–2015

Current Developments: Staff continued to monitor technical inquiries for issues to be addressed in the next Implementation Guide. In addition, staff identified questions and answers from the Exposure Draft, Implementation Guide 20XX-1, to which changes will be proposed in the next Implementation Guide in order to incorporate the effects of Statement No. 72, Fair Value Measurement and Application, and the anticipated effects of the anticipated final Statement resulting from the Postemployment Benefit Accounting and Financial Reporting project that will amend Statements No. 67, Financial Reporting for Pension Plans, and No. 68, Accounting and Financial Reporting for Pensions.

Work Plan
:

Board meetings   Topics to be considered
May 2015–July 2015:   Staff development of material for Implementation Guide.
September 2015:   Review preballot draft of Exposure Draft of a proposed Implementation Guide (level B).
September 2015 (T/C):   Review and clear ballot draft of Exposure Draft of a proposed Implementation Guide (level B).
October–November 2015:   Comment Period.
January 2016:   Redeliberate issues based on respondent feedback.
February 2016:   Review preballot draft of final Implementation Guide (level B).
February 2016 (T/C):   Review ballot draft and issue final Implementation Guide (level B).
June 2016:   Publish update to Comprehensive Implementation Guide.
October 2015 (T/C)–December 2015 (T/C):   Redeliberate issues based on respondent feedback.
January 2016:   Review preballot draft of a final Statement.
January 2016 (T/C):   Review ballot draft and issue final Statement.

Comprehensive Implementation Guide Update—Recent Minutes


Minutes Archive

Comprehensive Implementation Guide Update—Tentative Board Decisions


The 2013–2014 edition of the Comprehensive Implementation Guide was cleared for publication.