The GASB has issued an exposure draft (ED), Implementation Guidance Update —
2021. The ED proposes (1) “new questions and answers that address
application of GASB standards on leases, fiduciary activities, and other topics” and
(2) amendments to previously issued implementation guidance. Comments on the ED are
due by February 15, 2021.
For more information, see the press release on the GASB’s Web site.