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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.

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