|
This summary of decisions of the Public Sector Accounting Board (PSAB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects, which might change after further deliberations by PSAB. Decisions to publish exposure draft and Handbook material are final only after a formal ballot process.
For more detailed information about PSAB projects, please refer to the project summaries under Projects. |
Introduction to PSA Handbook – Government Organizations PSAB approved an Invitation to Comment (ITC) which seeks views on the breadth of application of International Financial Reporting Standards to government organizations other than those organizations that meet the definition of a government not-for-profit organization. The ITC also addresses transitional considerations when a change in the source of generally accepted accounting principles for a government organization occurs. The ITC is expected to be released prior to the end of February 2009. |
