PwC supports GASB proposal to defer effective dates

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Comment letter , PwC US Apr 29, 2020

See PwC’s response letter supporting the GASB’s proposal to defer the effective dates for certain of its statements and implementation guides due to the need for entities to focus on the impact of COVID-19.

Overview

PwC has responded to a GASB exposure draft and supports deferring the effective dates for certain authoritative guidance due to the need for entities to focus on the impact of the COVID-19 pandemic. The GASB’s proposal would postpone by one year the effective dates for the following:

  • Statement Nos. 83, 84, 87, 88, 89, 90, 91, 92, and 93
  • Implementation Guide Nos. 2017-3, 2018-1, 2019-1, 2019-2, and 2019-3

Contact us

Heather Horn

Heather Horn

US Strategic Thought Leader, National Professional Services Group, PwC US

David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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