A Guide to Accounting for Financial Instruments in the Public Sector

April 28, 2022

In June 2011, the Public Sector Accounting Board released Section PS3450, Financial Instruments. Ten years after the adoption by certain government organizations, these standards and amendments will be adopted by governments for fiscal years beginning on or after April 1, 2022.

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Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.

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