Post-implementation Review Assessment: PSAB’s Section PS 3430, Restructuring Transactions

The Public Sector Accounting Board seeks your feedback to identify key issues specific to PSAB’s Section PS 3430, Restructuring Transactions through this assessment. This feedback will help the Board to evaluate if the standard meets its objectives and assess the nature and extent of the implementation challenges.

Section PS 3430 came into effect beginning on or after April 1, 2018, and based on PSAB’s Due Process Manual, there is a two-year period before the Board decides if a post-implementation review (PIR) is needed.

PSAB assesses the need for a PIR on a case-by-case basis to determine the appropriate number of years before beginning a review and makes the decision at its discretion.