Are you ready to implement PSAB Standard PS3280 Asset Retirement Obligations?
The Public Sector Accounting Board (PSAB) asset retirement obligation section will have a significant impact on the public sector. Municipal councils have a vital role to play in setting the tone for a successful implementation and financial reporting success.
Bailey Church, Partner and Leader of our Public Sector Accounting Advisory service line, shares what this section means for councils.
© 2020 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.