[CAFR-Contacts-News] Updates to SFMA Profiles-GASB 84, Fiduciary Activities

[CHASE Stacey A * DAS]

Good afternoon.

CAFR Contacts,
Several SFMA profiles have been updated to align with GASB Statement 84, Fiduciary Activities. Below is an overview of the changes made in SFMA.

D14 Balance Sheet Class
160 Deposit Liabilities [title was Custodial Liabilities]
179 Deposit Liabilities [title was Custodial Liabilities]

D31 GL Account
1578 Reserve for Securities Held [title was Reserve for Securities in Trust]

28A and 28B Tcode Profiles
588 - updated title and description to remove reference to "agency funds"
589 - updated title and description to remove reference to "agency funds"
590 - updated title and description to remove reference to "agency funds"
591 - updated title and description based on GL 1578 title change and to remove reference to "agency funds"
594 - updated title and description to remove reference to "agency funds"
596 - updated title and description based on GL 1578 title change and to remove reference to "agency funds"
916 - updated description to remove reference to "agency funds"
968 - updated title and description based on GL 1578 title change


Please let me know if you have any questions. Thank you.
s

Stacey A. Chase
Senior Financial Reporting & Policy Analyst
Chief Financial Office
Department of Administrative Services
Phone: (503) 947-8567
https://www.oregon.gov/das/financial/acctng/pages/index.aspx

Data Classification: Level 1 - Published

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