Agenda
The topics the Group plans to discuss at its meeting on November 25, 2026, are outlined below.
1. Roundtable discussion: Section PS 3280, Asset Retirement Obligations, Post-implementation Review Assessment
This discussion will provide an overview of PSAB’s Post-implementation Review Assessment survey relating to Section PS 3280 and will seek feedback on the document.
2. Application of Section PS 1202, Financial Statement Presentation: Part II of classification of liabilities as financial or non-financial
What factors should be considered under Section PS 1202 when evaluating the classification of financial and non-financial liabilities? As a follow-up to a previous session, this item further explores the application of the section through additional practical scenarios.
3. Application of Section PS 3200, Liabilities, and Section PS 3300, Contingent Liabilities
When negotiations in a multi-entity arrangement remain active at the financial statement reporting date, what factors need to be considered when determining the existence, ownership, and reporting of an obligation? This discussion considers a collective bargaining arrangement as an example to examine the application of Sections PS 3200 and PS 3300 to these matters.