PSAB Matters Article – Staying the Course on Government Transfers

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Aug 26, 2016

On August 26, 2016, the staff of the Public Sector Accounting Board (PSAB) released an article explaining in greater detail why, following its recent Post-implementation Review of Section PS 3410, Government Transfers, the PSAB decided not to re-open this standard and make significant amendments.

Ultimately, the PSAB were not convinced that a new project, task force, and use of staff resources would result in a markedly different standard than the one currently in place. Nor would it align efforts and resources with the key public interest objectives in their work plan.  

Re­view the article on the PSAB's Web site.

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