Deferral of the Transition to Basic Information for Long-Term Projections
FASAB Contact: FASAB Staff, fasab@fasab.gov, 202-512-7350
Project Objective:
To consider the need for a deferral of the transition of the statement of long-term fiscal projections for the U.S. government and related disclosures from required supplementary information (RSI) to basic information.
| Request(s) for Comment | Comment Letters | Final Pronouncement |
|---|---|---|
| Deferral of the Transition to Basic Information for Long-Term Projections (PDF) – Exposure Draft | Comment Letters | Deferral of the Transition to Basic Information for Long-Term Projections (PDF) |
HISTORY OF BOARD DELIBERATIONS (reverse chronology)
June 25-26, 2014 Board Meeting
The Board approved SFFAS 46 to defer the effective date.
April 30, 2014
The Board issues a proposal to defer the effective date until FY2015.
July 8, 2013
The Board issued SFFAS 45, Deferral of the Transition to Basic Information for Long-Term Projections.
November 20, 2012
The Board issued an exposure draft seeking comments by January 31, 2013.
Exposure Draft (PDF)
October 24-25, 2012 Board Meeting
The Board discussed the need for audit guidance regarding projections and agreed to propose a one-year deferral.
Issue Paper (PDF)