In this latest edition, we are excited to share our views on a number of projects and topics that will shape the accounting standards we follow for years to come.
The Public Sector Accounting Minute, December 2017 Edition highlights recent developments on a few of PSAB’s most high profile projects as well as recent topics coming out of the Public Sector Accounting Discussion Group.
PSAB’s 2017-20 strategic plan focused on an objective which noted: “Credible and transparent financial reporting and the systems upon which they are based are in the public interest and are paramount to improving information for assessing those entities’ accountability for their decision-making and policy choices.” Amongst the strategies to achieve this objective is developing standards that support public interest considerations. PSAB has been extremely busy towards this end.
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