COVID-19 and Application of Public Sector Accounting Standards

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Aug 28, 2020

On August 28, 2020, the Public Sector Accounting Board (PSAB) released a publication on the application of PSAS to COVID-19-related financial reporting issues.

The COVID-19 pandemic significantly affected governments, businesses, and the public globally. Government responses and the COVID-19-related financial and economic consequences will need to be considered in financial reporting of public sector organizations.

Review the non-authoritative guidance on the PSAB's website.

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