Fiduciary Activities—Statement 84—Stage One

Fiduciary Activities—Statement 84—Stage One

PIR Topic: Statement No. 84, Fiduciary Activities Background: Statement 84 was issued in January 2017. Subsequent to Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance, it is effective for reporting periods beginning after December 15, 2019.

History:
  • PIR initiated: May 2019
  • Stage 2 activities commenced: January 2021
Current Developments: Staff continued collection of annual financial reports for archival analysis and to administer cost surveys for the pre-implementation year, the implementation year, and the post-implementation year, as applicable based on implementation date.

Work Plan:
 
Board Meetings Activities
September–October 2022 Continue to conduct archival analysis for pre-implementation year and analyze survey data for pre-implementation year.
May 2022–June 2023 Continue to conduct cost survey and archival analysis for Statement 84 implementation year.
May 2022–June 2024 Continue to conduct cost survey and archival analysis for post-implementation year.
May 2022–July 2023 Continue to analyze implementation year data.
January 2023–December 2024 Analyze post-implementation year data; prepare final summary for initial archival and survey results.
June 2025 Resume stage two activities.
 
×
×