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

July 28, 2021

CASA Foundation

Bill Shores, Q.C. has cycled over 1,000 kilometres in five daily bike rides from Edmonton last week in support of the CASA Foundation. The CASA Foundation provides mental health services…

Read More
January 18, 2021

Kirk Lambrecht Q.C. has published two case comments

Kirk Lambrecht Q.C. has published two case comments. This first, entitled Will Governments Embrace Constitutional Imperatives Flowing from the Honour of the Crown?, compares the context of the decision of…

Read More
October 29, 2020

YWCA Edmonton’s Rose Campaign 2020

Shores Jardine LLP is pleased to sponsor a table at the YWCA Edmonton’s Rose Campaign 2020.  The Rose Campaign is held each year in honour of the memory of 14…

Read More

Contact

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

Directions

triangle-grpahic
Shores Jardine