GASB Issues Implementation Guide on Recent Pronouncements May 2, 2019 The GASB has issued Implementation Guide No. 2019-1, Implementation Guidance Update — 2019, which consists of Q&As that “clarify, explain, or elaborate on” certain GASB Statements.Topics addressed in the guide’s Q&As include:Derivative instruments. Disaster-related expenditure-driven grants. Irrevocable split-interest agreements. Postemployment benefits. Tax abatement disclosures. Transfers of capital assets within a financial reporting entity.In addition, the implementation guide amends certain Q&As from previously issued implementation guides. It is effective for reporting periods beginning after June 15, 2019. For more information, see the press release and implementation guide on the GASB’s Web site.