Request for Information – Post-Implementation Review: Section PS 3410, Government Transfers - PSA Discussion Group
Date recorded:
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.