GASB develops implementation guide for Statements 43 and 45 on OPEB.

As a part of its mission to guide and educate the public about its standards, the Governmental Accounting Standard Board has published a Guide to Implementation of GASB Statements 43 and 45 on Other Postemployment Benefits. The guide was prepared by GASB staff primarily to assist preparers and auditors of governmental financial statements and those that advise them as they implement the GASB's recently issued standards on accounting and reporting for healthcare and other non-pension benefits provided to retirees. These benefits are commonly referred to as other postemployment benefits or OPEB.

In addition, the guide...