GASB Issues Resolution Memoranda

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Welcome to UCOP Financial Management's GASB website.

The Issues Resolution Memoranda (IRMs) outline the University's view and approach for each of the following GASB statements. Most IRMs are not updated after initial implementation. IRMs may be superseded by Accounting Manual chapters as indicated below.

  • Superseded by Accounting Manual Chapter A-557-67
  • Last Updated: May 4, 2011
  • GASB Statement No. 16 Accounting for Compensated Absences
    • Last Updated: March 24, 2009
  • GASB Statement No. 25 Financial Reporting for Defined Benefit Pension Plans and Note Disclosures for Defined Contribution Plans
    • Last Updated: July 24, 2008
  • GASB Statement No. 27 Accounting for Pensions by State & Local Government Employers
    • Last Updated: December 2, 2009
  • GASB Statement No. 33 Accounting and Financial Reporting for Nonexchange Transactions
    • The discussion on pledges is superseded by Accounting Manual Chapter G-327-66.
    • Last Updated: September 17, 2001
  • GASB Statements No. 34/35 Depreciation Issues Resolution Memos and Other Documents
    • Superseded by Accounting Manual chapters P-415-1, P-415-3, P-415-3.1, P-415-10 and L-316-11
    • Last Updated: February 9, 2010
  • GASB Statements No. 34/35 Financial Reporting Issues Resolution Memos and Other Documents
    • The coding necessary to comply with GASB Statements No. 34 and 35 is provided in Accounting Manual chapters A-115-2 and A-115-3.
    • Last Updated: May 17, 2011
  • GASB Statements No. 34/35 Exhibits (Excel spreadsheets)
    • Last Updated: May 27,2016
  • GASB Statement No. 39 Campus Foundation Financial Reporting Package
    • Last Updated: April 21, 2020
  • GASB Statement No. 40 Deposit and Investment Risk Disclosures
    • Last Updated: May 3, 2011
  • GASB Statement No. 41 Budgetary Comparison Schedules—Perspective Differences, an Amendment of GASB Statement No. 34
    • Last Updated: February 10, 2006
  • GASB Statement No. 42 Accounting and Financial Reporting for Impairment of Capital Assets and Insurance Recoveries
    • Superseded by Accounting Manual Chapter P-415-4
    • Last Updated: June 27, 2005
  • GASB Statement No. 44 Economic Condition Reporting: The Statistical Section, an Amendment of NCGA Statement 1
    • Last Updated: February 6, 2006
  • GASB Statement No. 45 Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions
    • Last Updated: November 7, 2008
  • GASB Statement No. 46 Net Assets Restricted by Enabling Legislation
    • Last Updated: February 1, 2005
  • GASB Statement No. 47 Accounting for Termination Benefits
    • Superseded by Accounting Manual Chapter P-196-80
    • Last Updated: June 6, 2006
  • GASB Statement No. 48 Sales and Pledges of Receivables and Future Revenues and Intra-Entity Transfers of Assets and Future Revenues
    • Superseded Accounting Manual Chapter R-251-1
    • Last Updated: February 27, 2007
  • GASB Statement No. 49 Accounting and Financial Reporting for Pollution Remediation Obligations
    • Superseded by Accounting Manual Chapter P-200-1
    • Last Updated: August 13, 2009
  • GASB Statement No. 50 Pension Disclosures
    • Last Updated: June 20, 2007
  • GASB Statement No. 51 Accounting and Financial Reporting for Intangible Assets
    • Superseded by Accounting Manual Chapter P-415-7
    • Last Updated: February 9, 2010
  • GASB Statement No. 52 Land and Other Real Estate Held as Investments by Endowments
    • Last Updated: January 18, 2008
  • GASB Statement No. 53 Accounting and Financial Reporting for Derivative Instruments
    • Last Updated: April 14, 2010
  • GASB Statement No. 54 Fund Balance Reporting and Government Fund Type Definitions
    • Last Updated: April 2, 2009
  • GASB Statement No. 55 The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments
    • Last Updated: June 16, 2009
  • GASB Statement No. 56 Codification of Accounting and Financial Reporting Guidance Contained in the AICPA Statements on Auditing Standards
    • Last Updated: June 16, 2009
  • GASB Statement No. 57 OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans
    • Last Updated: December 3, 2010
  • GASB Statement No. 58 Accounting and Financial Reporting for Chapter 9 Bankruptcies
    • Last Updated: December 3, 2010
  • GASB Statement No. 59 Financial Instruments Omnibus
    • Last Updated: May 4, 2011
  • GASB Statement No. 60 Accounting and Financial Reporting for Service Concession Arrangements
    • Last Updated: November 29, 2012
  • GASB Statement No. 61 The Financial Reporting Entity: Omnibus
    • Last Updated: July 3, 2012
  • GASB Statement No. 62 Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and AICPA Pronouncements
    • Last Updated: May 4, 2011
  • GASB Statement No. 63 (pdf), Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources and Net Position
    • IRM 63-1 (pdf) Evaluation of GASB Statement No. 63 as it Relates to the UC Reporting Entities
      (Issued: February 22, 2012)
  • GASB Statement No. 64 (pdf), Derivative Instruments: Application of Hedge Accounting Termination Provisions
    • IRM 64-1 (pdf) Evaluation of GASB Statement No. 64 as it Relates to the UC Reporting Entities
      (Issued: February 22, 2012)
  • GASB Statement No. 65 Items Previously Reported as Assets and Liabilities
    • Last Updated: January 24, 2014