PBE SFR-C (PS) Tier 4: Public Benefit Entity Simple Format Reporting – Cash (Public Sector)

  • Public Sector

Provides a simple format and sets out the requirements that Tier 4 public sector entities must follow when preparing performance reports (financial statements). 

Does Tier 4 apply to you?

You may apply this standard if the entity:

  • does not have public accountability ;
  • is allowed by law to use cash accounting;
  • has expenses ≤$125,000; and
  • elects to be in Tier 4.

Alternatively, you may elect to report using the Tier 3 Standard, for example, if you wish to use accrual accounting instead of cash accounting.

Please note that you will need to follow all of the requirements in that Standard if you elect to use it, including preparation of a Statement of Cash Flows. You cannot pick and choose what to report using either or both the Tier 3 or Tier 4 Standard.

Want to apply Tier 3 (Accrual Accounting) instead?


This Standard, its related Explanatory Guidance and reporting templates, are effective for reporting periods as indicated below.  Until they are superseded by new or amended ones, these documents will continue to apply to subsequent reporting periods . 

Standard

  • PBE SFR-C (PS) – This version is effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted) Tier 4: Public Benefit Entity Simple Format Reporting – Cash (Public Sector)

    Date of issue: Dec 2013 Date compiled to: 12 Jul 2018

Explanatory Guide

  • EG A4 – This version is effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted) Tier 4: Applying public benefit entity simple format reporting - Cash (Public Sector)

    Date of issue: Dec 2013 Date compiled to: 12 Jul 2018

Reporting templates

    XLSX version

  • Template for PBE SFR-C (PS) – Use for reporting periods beginning on or after 1 Jan 2019 (early use permitted)

    Date of issue: Dec 2013 Date compiled to: 12 Jul 2018
  • PDF version

  • Template for PBE SFR-C (PS) – Use for reporting periods beginning on or after 1 Jan 2019 (early use permitted)

    Date of issue: Dec 2013 Date compiled to: 12 Jul 2018

Amendments

  • 2018 Omnibus Tier 3 and Tier 4 PBE Accounting Requirements – These amendments are effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted)

    Date of issue: Jul 2018

Earlier versions

Note: All versions of documents with effective dates prior to the ones below have been archived. 

Archived versions

Standard

  • PBE SFR-C (PS) – This version is effective for reporting periods beginning on or after 1 Jan 2016 Tier 4: Public Benefit Entity Simple Format Reporting – Cash (Public Sector)

    Date of issue: Dec 2013 Date compiled to: 31 Dec 2015

Explanatory Guide

  • EG A4 – This version is effective for reporting periods beginning on or after 1 Jan 2018 Tier 4: Applying public benefit entity simple format reporting - Cash (Public Sector)

    Date of issue: Dec 2013 Date compiled to: 31 Dec 2017

Reporting templates

    XLSX version

  • Template for PBE SFR-C (PS) – Periods beginning on or after 1 Jul 2014

    Date of issue: Dec 2013 Date compiled to: 25 Jul 2016
  • PDF version

  • Template for PBE SFR-C (PS) – Periods beginning on or after 1 Jul 2014 (early adoption permitted)

    Date of issue: Dec 2013 Date compiled to: 25 Jul 2016