--- title: Postponed effective dates of certain GASB Pronouncements description: Some good news! The Government Accounting Standards Board (GASB) is working to relieve some of the additional workload imposed by the COVID-19 pandemic. image: https://blog.fhblackinc.com/hubfs/Missed-Date-Featured.jpg --- # Postponed effective dates of certain GASB Pronouncements ![avatar](https://app.hubspot.com/settings/avatar/f07532a018389937e758ae8e464d10f5 "avatar") Posted by Jamie Black Topic(s): [What's New](https://blog.fhblackinc.com/topic/whats-new) Read Time: minute(s) - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhblackinc.com/remote-finance-why-how-how-better-0) - [**](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhblackinc.com/remote-finance-why-how-how-better-0&title=&summary=&source=) - [**](https://twitter.com/home?status=) - [**](https://www.instagram.com/fhb_inc) - [**](mailto:?&subject=https://blog.fhblackinc.com/remote-finance-why-how-how-better-0&body=https://blog.fhblackinc.com/remote-finance-why-how-how-better-0) ** The Governmental Accounting Standards Board (GASB) is taking steps to reduce the stress on government finance departments imposed by the COVID-19 pandemic. On April 15th, the Organization proposed to postpone the effective dates of some Pronouncements by one year. [The Exposure Draft](https://www.gasb.org/cs/Satellite?c=Document_C&cid=1176174483475&pagename=GASB%2FDocument_C%2FDocumentPage&mc_cid=6209bef395&mc_eid=e8de89baad) has a comment deadline of April 30th and is slated for a final statement of issuance on May 8th. The proposal will affect the following Pronouncements: - Statement No. 83, *Certain Asset Retirement Obligations* - Statement No. 84, *Fiduciary Activities* - [Statement No. 87, *Leases*](https://blog.fhblackinc.com/gasb-statement-no.-87-leases) - Statement No. 88, *Certain Disclosures Related to Debt, including Direct Borrowings and Direct Placements* - Statement No. 89, *Accounting for Interest Cost Incurred before the End of a Construction Period* - Statement No. 90, *Majority Equity Interests* - Statement No. 91, *Conduit Debt Obligations* - Statement No. 92, *Omnibus 2020, *paragraphs 6–10 and 12 - Statement No. 93, *Replacement of Interbank Offered Rates, *paragraphs 13 and 14 - Implementation Guide No. 2017-3, *Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting), *Questions 4.85, 4.103, 4.108, 4.109, 4.225, 4.239, 4.244, 4.245, 4.484, 4.491, and 5.1–5.4 - Implementation Guide No. 2018-1, *Implementation Guidance Update—2018* - Implementation Guide No. 2019-1, *Implementation Guidance Update—2019* - Implementation Guide No. 2019-2, *Fiduciary Activities* - Implementation Guide No. 2019-3, *Leases.* GASB has also posted several resources for Stakeholders to a dedicated [GASB Response to COVID-19](https://www.gasb.org/COVID19?mc_cid=6209bef395&mc_eid=e8de89baad) web page, including a [GASB Emergency Toolbox](https://www.gasb.org/cs/Satellite?c=Page&cid=1176174469582&pagename=GASB%2FPage%2FGASB%2FSectionPage).  [Subscribe to our blog](https://info.fhblackinc.com/sign-up-for-in-black-white-blog?__hstc=&__hssc=&hsCtaTracking=7cc7a03e-ac1d-43f0-8227-1f1df95812dc%7Ccea816b6-cc20-4fc5-bd9e-ed992993294a) for the latest developments impacting government finance departments. * © 2025 FH Black Inc. All rights reserved. Content may not be reproduced, excerpted, distributed, or transmitted without prior written consent.* For more on this topic(s), see: [What's New](https://blog.fhblackinc.com/topic/whats-new) Originally Posted on 17 April, 2020 [![Implementing and Automating GASB 87](https://no-cache.hubspot.com/cta/default/655977/09171c10-624c-40aa-b654-a579bef0957d.png)](https://cta-redirect.hubspot.com/cta/redirect/655977/09171c10-624c-40aa-b654-a579bef0957d) --- ### Recent Posts #### [By Jamie Black How Joint CIO–CFO Leadership Transforms Government Reporting](https://blog.fhblackinc.com/how-joint-cio-cfo-leadership-transforms-government-reporting) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/how-joint-cio-cfo-leadership-transforms-government-reporting) #### [By Rachel Raymond City of Vernon](https://blog.fhblackinc.com/city-of-vernon) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/city-of-vernon) #### [By Rachel Raymond City of Dubuque](https://blog.fhblackinc.com/dubuque_bb) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/dubuque_bb) --- [![New Call-to-action](https://no-cache.hubspot.com/cta/default/655977/89ac0155-eece-440c-993d-847f72bafda3.png)](https://cta-redirect.hubspot.com/cta/redirect/655977/89ac0155-eece-440c-993d-847f72bafda3) Subscribe to our blog below ### Get in Touch  **F. 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