1NEW DEVELOPMENTS
INTRODUCTION
The 2019 Governmental GAAP Guide incorporates all of the pronouncements issued by the Governmental Accounting Standards Board (GASB) through December 2018. This chapter is designed to keep the reader up to date on all pronouncements recently issued by the GASB and their effective dates, as well as to report on the Exposure Drafts, Preliminary Views, and Invitations to Comment (ITCs) for proposed new statements or interpretations that are currently outstanding. This chapter also includes relevant information on the GASB’s Technical Agenda for the upcoming year to give readers information as to potential areas for future GASB requirements.
RECENTLY ISSUED GASB STATEMENTS AND THEIR EFFECTIVE DATES
| GASB Statement | Effective Date | Where in This Book | |
| 74 | Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans | Fiscal years beginning after June 15, 2016 | Chapter 22 |
| 75 | Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions | Fiscal years beginning after June 15, 2017 | Chapter 17 |
| 76 | The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments | Periods beginning after June 15, 2015 | Chapter 2 |
| 77 |
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