Log Out

GASB Issues Proposed Implementation Guide on Fiduciary Activities

January 4, 2019

The Governmental Accounting Standards Board (GASB) issued a proposed Implementation Guide that contains questions and answers about the GASB’s new standards on accounting and financial reporting for fiduciary activities. The Exposure Draft proposes answers to dozens of questions about GASB Statement No. 84, Fiduciary Activities (PDF). GASB Implementation Guides are intended to clarify, explain or elaborate on the requirements of Board pronouncements.