United States

Proposed Implementation Guide: Financial reporting for OPEB plans

FINANCIAL REPORTING INSIGHTS  | 

The Governmental Accounting Standards Board (GASB) recently issued an Exposure Draft, Implementation Guide No. 201X-X, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans. The objective of the proposed Implementation Guide is to provide guidance that clarifies, explains or elaborates on the requirements of GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans. Numerous questions and answers in the proposed Guide address issues related to financial reporting for other postemployment benefit plans (OPEB plans).

The Exposure Draft is available for comment until December 19, 2016.