Standards for Not-for-Profit Organizations - PSAB
Date recorded:
At its meeting on June 18-19, 2015, the Public Sector Accounting Board approved, in principle, an exposure draft proposing 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 applying the PSA Handbook including the PS 4200 series.
The Board also discussed a project plan to improve standards for not-for-profit organizations.
Review the executive summary.
Related Topics
- Section PS 2200 - Related party disclosures
- Section PS 4200 - Financial statement presentation by not-for-profit organizations
- Section PS 4210 - Contributions — revenue recognition
- Section PS 4230 - Capital assets held by not-for-profit organizations
- Section PS 4240 - Collections held by not-for-profit organizations
- Section PS 4250 - Reporting controlled and related entities by not-for-profit organizations
- Section PS 4260 - Disclosure of related party transactions by not-for-profit organizations
- Section PS 4270 - Disclosure of allocated expenses by not-for-profit organizations