In Brief – Asset Retirement Obligations and Liability for Contaminated Sites — determining which standard should be applied

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Dec 14, 2018

On December 14, 2018, the Public Sector Accounting Board (PSAB) published an overview explaining the differences between Section PS 3280 and Section PS 3260, and when to apply each standard.

PSAB’s new standard on Asset Retirement Obligations, Section PS 3280, was issued in August 2018.

Review the overview on the PSAB's website.

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