PBE SFR-A (PS) Tier 3: Public Benefit Entity Simple Format Reporting – Accrual (Public Sector)
Does Tier 3 apply?
You may apply this standard if the entity:
- does not have public accountability ;
- has expenses ≤$2 million; and
- elects to be in Tier 3.
The standard simplifies financial reporting for public sector public benefit entities eligible to report in accordance with this Tier 3 standard.