Project Pages

Implementation Guidance—2022 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 Implementation Guide when sufficient need exists for new or improved guidance and the Board does not object to its issuance. All updates are incorporated into the Codification of Governmental Accounting and Financial Reporting Standards and the Comprehensive Implementation Guide, as appropriate.

Status: Added to Agenda

Implementation Guidance—Update 2022—Project Plan

Background: New implementation guidance is considered annually and may result in the addition of new questions and answers or revision of existing questions and answers.

Project History:
  • 2021 Implementation Guidance Update cleared for issuance: May 2021
  • Consultative group appointed? No
Current Developments: The technical staff continued to monitor practice and technical inquiries submitted to the GASB to consider whether implementation guidance is needed prior to the start of development of the next update.

Work Plan:
Board Meetings Topics to Be Considered
May 2022 Continue to monitor practice issues and technical inquiries and develop materials for potential implementation guidance.
June–July 2022 Develop proposals for a potential 2023 update (presuming appropriate issues are identified).
August 1, 2022 Deliberate issues.
September 12, 2022 Review preballot draft of an Exposure Draft of a proposed Implementation Guide.
October 31, 2022 Review ballot draft of an Exposure Draft of a proposed Implementation Guide and consider for clearance.
November 2022–January 2023 Comment period.
February 2023 Redeliberate issues based on respondent feedback.
April 2023 Review a preballot draft of a final Implementation Guide.
May 2023 Review a ballot draft of a final Implementation Guide and consider for clearance.

Implementation Guidance—2022 Update—Recent Minutes

Implementation Guidance—2022 Update—Tentative Decisions to Date