PSAB - Concepts Underlying Financial Performance - Conceptual Framework Fundamentals and the Reporting Model [Completed]
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Comment period ended on August 31, 2015. |
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Proposed effective date: |
Not yet specified |
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Published by PSAB : |
December 2015 |
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Last updated : |
June 2017 |
Overview
The issue of the CP is the third phase of the PSAB project on Concepts Underlying Financial Performance. See separate Project item.
The CP proposes a new reporting model and draft principles on public sector characteristics, financial statement objectives, qualitative characteristics, elements, recognition, measurement and presentation.
Other developments
March 2015
On March 11, 2015, the PSAB’s Conceptual Framework Task Force issued a third Consultation Paper (CP), entitled Conceptual Framework Fundamentals and the Reporting Model.