Comment letter deadline on ED IPSASB financial instruments ED based on IFRS 9
On August 24, 2017, the International Public Sector Accounting Standards Board (IPSASB) published an exposure draft (ED) to improve public sector reporting on financial instruments.
The Public Sector Accounting Board (PSAB) released an update on why they are considering the IPSASB financial instruments standard to address current Canadian hedge accounting issues.
Stakeholders are encouraged to respond to the IPSASB exposure draft by December 31, 2017.