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Section PS 3150 - Tangible Capital Assets

Section PS 3150 does not apply to:

  • Intangible assets, natural resources and Crown lands that have not been purchased by the government.
  • Government capital grants and government transfers of tangible capital assets as these are accounted for in accordance with Section PS 3410, Government Transfers.

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Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.

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