While GASB’s standard-setting activity has slowed almost to a halt after several very busy years, implementing upcoming guidance may require significant planning and effort. This article provides an overview of GASB’s standard-setting activity during the first quarter of 2025, along with updates on outstanding exposure drafts and ongoing projects. Download the PDF below for summaries for all soon-to-be-effective standards, along with links to resources from Forvis Mazars for a deeper dive.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars.