Section PS 3260, Liability for Contaminated Sites - PSAB

Date recorded:

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.

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