skip to content

Section PS 3230 - Long-term Debt

Financial statement presentation

A government's long-term debt at the end of the accounting period must be presented on its Statement of Financial Position.

A government must provide the following information when it has externally restricted sinking funds set aside to retire its long-term debt:

  • The gross amount of the long-term debt to be retired by the sinking funds; and
  • The amount of the sinking fund assets available to retire the debt.

Read the document


BDO can help you navigate the road ahead

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.

Contact us today to start the conversation

This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.

Accept and close