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PUBLIC SECTOR

ACCOUNTING STANDARDS BOARD

The Accounting Standards Board, during its meeting on 18 March 2008, approved the following exposure drafts for comment:

* ED 45 - Impairment of Non-cash Generating Assets. Comment is requested by 31 July 2008.

* ED 46 - Impairment of Cash-generating Assets. Comment is requested by 31 July 2008.

* Guideline on Accounting for Public-private Partnerships. Comment is requested by 30 June 2008.

In addition, the Board approved the local ...

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