| MFOA_Policy_Projects/Express_and_Bare_Trusts.aspx | Express and Bare Trusts | 3/1/2024 12:00:00 AM | Policy AnFR | MFOA has submitted a letter on the new reporting requirements for express and bare trusts. |
| MFOA_Policy_Projects/ARO_Case_Studies.aspx | PSAB Asset Retirement Obligation Standard - Resources | 7/26/2022 12:00:00 AM | Policy AnFR | This page will be updated with resources related to the PSAB Asset Retirement Obligation Standard. New: MFOA's ARO Case Study |
| MFOA_Policy_Projects/MFOA_Response_to_Proposed_PS3251.aspx | MFOA’s Response to Proposed Section PS 3251 | 11/8/2021 12:00:00 AM | Policy AnFR | PSAB's Exposure Draft on Employee Benefits, Proposed Section PS 3251 outlines the first of several phases of PSAB’s revised employee benefits standard. Proposed Section PS 3251 would replace existing sections PS 3250 and PS 3255. |
| MFOA_Policy_Projects/PSAB_Concepts_Underlying_Financial_Reporting.aspx | PSAB Concepts Underlying Financial Reporting - Resources | 5/7/2021 12:00:00 AM | Policy AnFR | MFOA has submitted comments to PSAB on their latest exposure drafts on the Conceptual Framework and Proposed Section PS 1202, Financial Statement Presentation |
| MFOA_Policy_Projects/PSAB_Review_Employment_Benefits.aspx | PSAB Review of Employment Benefits - Implications for Municipal Employers | 1/27/2021 12:00:00 AM | Policy AnFR | The Public Sector Accounting Board (PSAB) is currently considering changes to employment benefits that could negatively impact municipal employers. |
| MFOA_Policy_Projects/PS3410.aspx | PS 3410 Government Transfers - Cheat Sheet | 8/24/2020 12:00:00 AM | Policy AnFR | This Section establishes standards on how to account for and report government transfers to individuals, organizations and other governments from both a transferring government and a recipient government perspective. |
| MFOA_Policy_Projects/ITC_on_nontraditional_pension_plans.aspx | MFOA and AMO Response to PSAB's ITC on Employment Benefits: Non-Traditional Pension Plans | 2/1/2019 12:00:00 AM | Policy AnFR | MFOA and AMO's response to PSAB's ITC on Employment Benefits: Non-Traditional Pension Plans focuses on the relationship between OMERS and its participating Ontario municipalities. |
| MFOA_Policy_Projects/Accounting_Standards_Effective_Jan_1_2018.aspx | Accounting Standards Effective January 1, 2018 | 11/27/2017 12:00:00 AM | Policy AnFR | New PSAB accounting standards are in effect as of January 1, 2018. MFOA has compiled a list of the standards as well as resources to help you get ready. |
| MFOA_Policy_Projects/Response_to_ARO_Exposure_Draft.aspx | MFOA's Response to ARO Exposure Draft | 6/20/2017 12:00:00 AM | Policy AnFR | MFOA's response to PSAB's Asset Retirement Obligation (ARO) Exposure Draft. The proposed PS 3280 will address the recognition, measurement, presentation and disclosure of legal obligations associated with retirement of TCAs. |
| MFOA_Policy_Projects/MFOAs_Respons_to_PSAB_Consultation_Paper_3.aspx | MFOA’s Response to PSAB Consultation Paper 3 | 8/5/2016 12:00:00 AM | Policy AnFR | 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. |
| MFOA_Policy_Projects/MFOA_Committee_Responds_to_PSAB_Statement_of_Principles_on_Revenue.aspx | MFOA Committee Responds to PSAB Statement of Principles on Revenue | 7/19/2016 12:00:00 AM | Policy AnFR | MFOA's Committee on Accounting and Financial Reporting shared its feedback on a new revenue SOP with PSAB. |
| MFOA_Policy_Projects/Response_to_Regulation_28409_Review.aspx | Response to Regulation 284/09 Review | 7/14/2016 12:00:00 AM | Policy AnFR | The province is reviewing the Budget Expenses Regulation (O. Reg. 284/09) and one possible outcome of the review is that the regulation could be eliminated, forcing municipalities to budget for amortization and other non-cash items. Read more about w |