Standards for Not-for-Profit Organizations - PSAB
Date recorded:
At the December 2015 PSAB meeting, PSAB announced that it expects to issue an exposure draft proposing the withdrawal of Section PS 4260, Disclosure of Related Party Transactions by Not-for-Profit Organizations, and amendments to the transitional provisions in Section PS 2200, Related Party Disclosures, for not-for-profit organizations (NFPOs) applying the PSA Handbook including the PS 4200 series in early 2016.
Review the executive summary on the PSAB's Web site.