Financial Statement Presentation - PSADG

Date recorded:

At its meeting on January 7, 2014, the PSA Discussion Group discussed questions that have been raised related to the presentation of budgeted results as required by Financial Statement Presentation, paragraphs PS 1201.130-.133. The most significant issue relates to the term “originally planned” and the applicability of the requirements to governmental units. They also discussed if the net debt model (including the net debt presentation in the statement of financial position and statement of change in net debt) a required presentation for governmental units.

Read the summary of the discussions.

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