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Public Sector Accounting Standards

In Brief – PSAB Exposure Draft – Tangible Capital Assets, Proposed Amendments to Section PS 3150

December 20, 2023 Resource, In Brief

Read our In Brief for an overview of the Exposure Draft, “Tangible Capital Assets, Proposed Amendments to Section PS 3150.”

The proposals aim to increase comparability and transparency among public sector entities, including government not-for profit organizations, by amending certain definitions, proposing additional guidance to ensure consistent application of the standard, and clarifying certain topics.

Keep an eye on our Government Not-for-Profit: Capital Assets project page for updates, key dates, and registration information for our upcoming webinar. We want to hear from you!

 

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Staff Contact(s)

Camila Santos, CPA Principal, Public Sector Accounting Board

Sandra Waterson, CPA, CA Principal, Public Sector Accounting Board