Project Pages

Implementation Guidance—2021 Update

Project Description: The objective of this project is to update implementation guidance for additional issues that come to the attention of the staff. This project will result in the issuance of an annual Implementation Guide. In addition, all updates will be incorporated into the Codification of Governmental Accounting and Financial Reporting Standards and the Comprehensive Implementation Guide, as appropriate.

Initial Deliberations

Implementation Guidance—Update 2021—Project Plan

Background: Implementation guidance is updated annually through the addition of new questions and answers.

Project History:
  • 2020 Implementation Guidance Update cleared for issuance: April 2020
  • 2021 update project proposed for addition to current technical agenda: April 2020
  • Consultative group appointed? No
Current Developments: At the April 2020 teleconference, the Board cleared for issuance Implementation Guide No. 2020-1, Implementation Guidance Update—2020.

Work Plan: The plan for the pre-agenda research includes the following activities:
Board Meetings Topics to Be Considered
September 2020: Continue to develop materials for 2021 update.
September 2020 (T/C): Deliberate issues.
October 2020: Review preballot draft of an Exposure Draft of a proposed Implementation Guide.
November 2019 (T/C): Review ballot draft of an Exposure Draft of a proposed Implementation Guide and consider for clearance.
November 2019–January 2020: Comment period.
February 2021: Redeliberate issues based on respondent feedback.
March 2021 (T/C): Review a preballot draft of a final Implementation Guide.
April 2021: Review a ballot draft a final 2021 Implementation Guide and consider for clearance.

Implementation Guidance—2021 Update—Recent Minutes


Implementation Guidance—2021 Update—Tentative Board Decisions to Date