Governmental Accounting Standards Board (GASB) Pronouncements
GASB Guidance Effective for Fiscal Years in 2025 and After
| Number | Title | Effective Date | Early Adoptable | AHP Insights |
|---|---|---|---|---|
|
Statement No. 99
|
Omnibus 2022 | Varies; Provision related to financial guarantees and classification and reporting of derivative instruments are effective for fiscal years beginning after June 15, 2023. | Encouraged | |
|
Statement No. 100
|
Accounting Changes and Error Corrections | Effective for fiscal years beginning after June 15, 2023 | Encouraged | |
|
Statement No. 101
|
Compensated Absences | Effective for fiscal years beginning after Dec. 15, 2023 | Encouraged | |
|
Statement No. 102
|
Certain Risk Disclosures | Effective for fiscal years beginning after June 15, 2024 | Encouraged | |
|
Statement No. 103
|
Financial Reporting Model Improvements | Effective for fiscal years beginning after June 15, 2025 | Encouraged | |
|
Statement No. 104
|
Disclosure of Certain Capital Assets | Fiscal years beginning after June 15, 2025 | Encouraged | |
|
Statement No. 105
|
Subsequent Events | Fiscal years beginning after June 15, 2026 | Encouraged |