[ACFR-contacts-news] OAMs Out-for-Comment - GASB 84 and GASB 87

[CHASE Stacey A * DAS]

Good morning ACFR contacts!

As a result of SARS' recent focus on pandemic related activities and ACFR preparation the GASB 84 (Fiduciary Activities) and GASB 87 (Leases) OAM policy updates have not been finalized. Since folks have had an opportunity to go through the process for implementing both standards, we thought it would be beneficial to repost the applicable draft policies for another two-week comment period to obtain additional feedback prior to finalizing the policies.

The following draft OAM policies are available for comment on the OAM webpage<https://www.oregon.gov/das/Financial/Acctng/Pages/OAM.aspx>. Please review the policies and email your comments to me by close of business Wednesday, March 23.

OAM 05.20.00, Fund and Appropriation Structure and Usage
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/05.20.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/05.20.00%20track%20changes.pdf

OAM 15.41.00, Withholding from Non-state Entities
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.41.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.41.00%20track%20changes.pdf

OAM 15.45.10, Interfund Services, Reimbursements, and Transfers
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.45.10%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.45.10%20track%20changes.pdf

OAM 15.60.10, Classification and Capitalization
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.10%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.10%20track%20changes.pdf

OAM 15.60.20, Depreciation
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.20%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.20%20track%20changes.pdf

OAM 15.60.25, Capital Asset Impairments
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.25%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.25%20track%20changes.pdf

OAM 15.60.30, Leases
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.30%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.30%20track%20changes.pdf

OAM 15.60.40, Intangible Assets
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.40%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.60.40%20track%20changes.pdf

OAM 15.80.00, Commitments
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.80.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.80.00%20track%20changes.pdf

OAM 15.92.00, Fiduciary Activities
              Clean version (new): https://www.oregon.gov/das/Financial/Acctng/Documents/15.92.00%20draft.pdf

OAM 15.95.00, Year-end Closing and Statewide Reporting
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.95.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.95.00%20track%20changes.pdf

OAM 15.97.00, Agency Financial Reporting
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.97.00%20draft.pdf
Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/15.97.00%20track%20changes.pdf

OAM 60.10.00, General Ledger Accounts
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.10.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.10.00%20track%20changes.pdf

OAM 60.20.00, Comptroller Objects - by Financial Statement Classification
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.20.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.20.00%20track%20changes.pdf

OAM 60.30.00, Comptroller Objects - Numeric Sequence
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.30.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/60.30.00%20track%20changes.pdf

OAM 65.00.00, Definitions
              Clean version: https://www.oregon.gov/das/Financial/Acctng/Documents/65.00.00%20draft.pdf
              Track changes version: https://www.oregon.gov/das/Financial/Acctng/Documents/65.00.00%20track%20changes.pdf

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
Call via Teams or (971) 900-9993
https://www.oregon.gov/das/financial/acctng/pages/index.aspx

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/acfr-contacts-news/attachments/20220308/d9ad05ba/attachment-0001.html>