Revised Reporting Model – PSA Discussion Group

Date recorded:

In the reporting model Exposure Draft, PSAB proposes to split liabilities into two categories: financial and non-financial. The Group was asked whether the distinction between them is clear and can be applied. For further details of the discussion, refer to the minutes of the meeting. PSAB also proposes new guidance on the going concern assumption. The Group was asked if the proposed guidance is sufficient and appropriate for the public sector. Due to time constraints, the Group could not discuss the second issue at the meeting.

Review the detailed report on the PSAB's website.

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