MFOA’s Response to PSAB Consultation Paper 3

Consultation Paper 3 highlights many of the principles that will be set out in a future statement of principles for a revised framework and reporting model, and ask for input on them and a proposed reporting model that is built on those principles. Note that this is a long term project, with the intent that a statement of principles be issued for 2016 and will propose a revised conceptual framework and reporting model for public sector entities.