Body

Body

Software

Personal

Help

Statement No. 17
Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements: Amendment of the Effective Dates of GASB Statement No. 11 and Related Statements"-an amendment of GASB Statements No. 10, 11, and 13

STATUS

Issue Date: June 1993

Effective Date: On issuance in June 1993

Affects: Amends NCGAI 6, paragraph 5 and Appendix
Supersedes GASB Statement 10, paragraph 82
Supersedes GASB Statement 11, paragraph 100
Amends GASB Statement 13, paragraph 9

Affected by: No other pronouncements

Primary Codification Section Reference: None

Abbreviations for Accounting Pronouncements
GASBS - GASB Statements
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
GASBCS - GASB Concepts
BFC - Basis for Conclusions
NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
SOP - AICPA Statements of Position
ASLGU - AICPA Audit Guide

SUMMARY

This Statement amends GASB Statements No. 10, Accounting and Financial Reporting for Risk Financing and Related Insurance Issues, No. 11, Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements, and No. 13, Accounting for Operating Leases with Scheduled Rent Increases. It defers the effective date of Statement 11 to periods beginning approximately two years after an implementation standard is issued and modifies the Statement 13 reference to Statement 11's effective date. It also establishes an effective date for Statement 10, for entities other than pools, using the modified accrual basis of accounting in governmental and similar trust funds, that is independent of the effective date of Statement 11.

Unless otherwise specified, pronouncements of the GASB apply to financial reports of all state and local governmental entities, including public benefit corporations and authorities, public employee retirement systems, governmental utilities, governmental hospitals and other healthcare providers, and governmental colleges and universities.

Statement No. 17 Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements: Amendment of the Effective Dates of GASB Statement No. 11 and Related Statements"-an amendment of GASB Statements No. 10, 11, and 13

Statement No. 17
Measurement Focus and Basis of Accounting-Governmental Fund Operating Statements: Amendment of the Effective Dates of GASB Statement No. 11 and Related Statements"-an amendment of GASB Statements No. 10, 11, and 13