GASB Statements

GASB recent pronouncements are available directly from GASB. The following list contains the names and issue dates of such announcements.

• Statement No. 64
  Derivative Instruments: Application of Hedge Accounting Termination Provisions—an amendment of GASB Statement No. 53
  Effective Date: The provisions of Statement 64 are effective for financial statements for periods beginning after June 15, 2011, with earlier application encouraged.
  (Issued 06/11)
  
  
• Statement No. 63
  Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources, and Net Position
  Effective Date: The provisions of Statement 63 are effective for financial statements for periods beginning after December 15, 2011, with earlier application encouraged.
  (Issued 06/11)
  
  
• Statement No. 62
  Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and AICPA Pronouncements
  Effective Date: The requirements of this Statement are effective for financial statements for periods beginning after December 15, 2011. Earlier application is encouraged. The provisions of this Statement generally are required to be applied retroactively for all periods presented.
  (Issued 12/10)
  
  
• Statement No. 61
  The Financial Reporting Entity: Omnibus—an amendment of GASB Statements No. 14 and No. 34
  Effective Date: The provisions of this Statement are effective for financial statements for periods beginning after June 15, 2012. Earlier application is encouraged.
  (Issued 11/10)
  
  
• Statement No. 60
  Accounting and Financial Reporting for Service Concession Arrangements
  Effective Date: For financial statements for periods beginning after December 15, 2011. The provisions of this Statement generally are required to be applied retroactively for all periods presented.
  (Issued 11/10)
  
  
• Statement No. 59
  Financial Instruments Omnibus
  Effective date: For periods beginning after June 15, 2010. Earlier application is encouraged.
  (Issued 06/10)