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Section PS 3030 - Temporary Investments [Archived in March 2012 on issue of Section PS 3041]

Effective date:

March 1, 1997

Published by the PSAB:

March 1997


This Section establishes standards on how to account for and report all investments which are transitional or current in nature, such as short-term investments made to obtain a return on a temporary basis, in government financial statements. Such temporary investments may be, for example, in treasury bills or investment certificates, and are generally capable of reasonably prompt liquidation.

History of Section PS 3030




March 1997

New Section

This new Section deals with the accounting and reporting of temporary investments. Effective for fiscal years beginning on or after March 1, 1997.

March 2012

New Section PS 3041 Portfolio Investments issued and archiving of Section PS 3030 Temporary Investments

New Section PS 3041, Portfolio Investments, issued, revising and replacing Section PS 3030. Section 3041 is effective in the period that Sections PS 2601 Foreign Currency Translation, and PS 3450 Financial Instruments, are adopted.

Note: The above summary does not include details of consequential amendments made as the result of other projects.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.