GASB proposes guidance for financial reporting model improvements
March 05, 2026
GASB is accepting comments through Monday, April 27, on proposed authoritative guidance related to subsidies in Statement No. 103, Financial Reporting Model Improvements.
The proposed implementation guidance on Financial Reporting Model Improvements — Subsidies contains eight new questions and answers that address the application of GASB requirements under Statement 103 related to subsidies.
The proposed guide also includes amendments to Question 4.5 in Implementation Guide No. 2025-1, Implementation Guidance Update — 2025, also related to subsidies. Learn more.
