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Preparing for Asset Retirement Obligations

Preparing for Asset Retirement Obligations

Are you ready to implement PSAB Standard PS3280 Asset Retirement Obligations?

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Bailey Church

Partner, Accounting Advisory Services

KPMG in Canada

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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.

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