Government Transfers - Deloitte
Government Transfers - Deloitte
Government Transfers - Deloitte
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<strong>Government</strong> <strong>Transfers</strong><br />
• Complexity and accountability of government transfer<br />
programs have significantly increased<br />
• Increased requirements over financial management of<br />
transfer payments<br />
• PSAB issued the initial standard on government transfers in<br />
1990 when governments followed a modified accrual<br />
accounting basis.<br />
• PSAB undertook extensive activities to establish a new<br />
standard for government transfers to reflect the current<br />
reality.