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GASB Considers Postponing Upcoming Effective Dates of Pronouncements

public sector updates

The Governmental Accounting Standards Board (GASB) has announced that it will consider postponing the upcoming effective dates of pronouncements (including GASBs 84 and 87) since many state and local government offices are closed due to coronavirus and officials do not have access to necessary information. For more information, including the effective date and anticipated finalization of the guidance, visit the GASB website.