Public Sector Accounting Standards (PSAS) Update 2016

September 23, 2016

During 2016 there were no significant amendments to the CPA Canada Public Sector Accounting Handbook.  However, the Board was busy advancing the progress of its revenue and retirement obligations projects as well as undertaking new projects covering employment benefits and public private partnerships.  This publication provides an overview of these projects as well as a review of the six new Handbook Sections issued in 2015 which will become effective for entities applying Public Sector Accounting Standards (PSAS) over the next few years.

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