Insights

Section PS 3260, Liability for Contaminated Sites, was issued by the Public Sector Accounting Standards Board (PSAB or the “Board”) in June 2010.

This publication provides guidance on the recognition, measurement, presentation and disclosure for employee future benefits in accordance with Section 3462, Employee Future Benefits and Section 3463, Employee Future Benefits for organizations applying ASPE or ASNPO. Specifically this publication details the accounting for defined benefit and defined contributions plans, the calculation of the defined benefit liability, funding valuations and accounting valuations.

For many entities adopting the Accounting Standards for Private Enterprises (ASPE), the accounting for Financial Instruments will be one of the most significant changes in their financial statements.

Complex accounting doesn’t have to make the audit process difficult. This article explains how to streamline the process.

This publication gives a high-level overview of Section PS 1201, Financial Statement Presentation, in the CPA Canada Public Sector Accounting Handbook.

This Section provides guidance on accounting for and disclosing...

A Guide to Hedge Accounting for Private Enterprises and Not-For-Profit Organizations

This publication provides a high-level overview of PSG-8, Purchased Intangibles.

Employee future benefits include the following: Pension and other retirement benefits that an entity anticipates providing to employees and their beneficiaries after retirement