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Location: Toronto
On August 4, 2015, the Public Sector Accounting Board (PSAB) released a report on the details discussed at the Group’s most recent meeting.
The following items were presented and discussed:
Review the report on the PSAB's Web Site.
At it's meeting on May 7, 2015, Public Sector Accounting Discussion Group discussed the transfers of funds under the recent changes made to the gas tax funding agreements. They also discussed the following issues: (i) how should municipalities and government organizations account for the gas tax funding under the new federal agreement; and (ii) in Alberta and Ontario, some agreements include a clause requiring the return of unspent amounts, would this affect the accounting.
At it's meeting on May 7, 2015, Public Sector Accounting Discussion Group discussed the transfers of funds under the recent changes made to the gas tax funding agreements. They also discussed the following issues: (i) how should municipalities and government organizations account for the gas tax funding under the new federal agreement; and (ii) in Alberta and Ontario, some agreements include a clause requiring the return of unspent amounts, would this affect the accounting.
Review the report on the PSAB's Web Site.
At its meeting on May 7, 2015, Public Sector Accounting Discussion Group discussed the following issues: (i) should a remediation obligation be recognized as a liability when airborne contamination in a workplace exceeds legal tolerances; and (ii) what constitutes an unexpected event resulting in site contamination.
At its meeting on May 7, 2015, Public Sector Accounting Discussion Group discussed the following issues: (i) should a remediation obligation be recognized as a liability when airborne contamination in a workplace exceeds legal tolerances; and (ii) what constitutes an unexpected event resulting in site contamination.
Review the report on the PSAB's Web Site.