Knowing Where the Liabilities Are Buried: Issues for the Public Sector Implementing Accounting Standard PS3260

October 14, 2014

posted in: General, Legal Updates

Additions to accounting standards for public sector entities such as municipalities, universities, schools and hospitals now require accounting for the remediation liabilities associated with “contaminated sites” that are no longer in active or productive use, and for which the entity is responsible, either as a result of legal or voluntary assumption of remediation obligations for the site.  With the 2014 – 2015 fiscal year coming to a close, public sector entities may find themselves scrambling to take the steps necessary to meet the new requirements.

Click here for full summary

 

Recent Posts

April 28, 2022

YWCA

Kathleen Elhatton-Lake has been elected President of the YWCA of Edmonton. Kathleen has served on the YWCA Board of Directors since 2017 and has previously been the Board Secretary, Vice-President…

Read More
September 20, 2021

Glenrose Hospital – 2021 Courage Ride for Rehab

On September 11, 2021, Craig, along with about 150 other riders, participated in the Glenrose Hospital Courage Ride for Rehab. It is a fun 58 km fondo around Pigeon Lake…

Read More
September 8, 2021

National Day for Truth and Reconciliation

September 30 – National Day for Truth and Reconciliation (formerly Orange Shirt Day) Shores Jardine LLP will be closed on September 30 to honour survivors, their families and communities, and…

Read More

Contact

Suite 2250, Bell Tower 10104 – 103 Avenue, Edmonton, Alberta T5J 0H8

Directions

triangle-grpahic
Shores Jardine