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Governmental Accounting Standards Board Requests Input on Proposal to Improve Guidance on Compensated Absences, Amend Certain Disclosures
March 04, 2021
NORWALK, Connecticut, March 4 -- The Governmental Accounting Standards Board issued the following news release on March 3, 2021:

The Governmental Accounting Standards Board (GASB) today issued for public feedback a proposed Statement designed to enhance the recognition and measurement guidance for compensated absences and refine related disclosure requirements.

The proposed Statement would supersede the guidance issued by the GASB in Statement No. 16, Accounting for Com . . .

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