The Public Sector Accounting Board (PSAB) Discussion Group’s June Meeting Report has been released, which covered several important topics for municipalities recognizing, measuring, and reporting ARO liability. 360’s Manager of Asset Retirement Obligations, Graeme Hawkins, was instrumental in introducing these considerations by sharing examples of how professional judgement has varied when assessing AROs under Section PS 3280.
This report represents a significant step in helping municipalities navigate these obligations responsibly, thank you Graeme for your input and expertise!
Graeme Hawkins
Director of Asset Retirement Obligations
Graeme is the Director of Asset Retirement Obligations at 360, with 12 years of experience developing and managing large-scale projects in various industries across Canada. He has been responsible for overseeing teams of professionals and engineers working collaboratively with both internal and external stakeholders to ensure the completion of multi-million-dollar projects in several provinces across Canada. He further developed his professional skills by engaging and collaborating with municipalities across Alberta on the development of Zoning Bylaw amendments as an expert witness working with dozens of City Councillors, Administrators, and Committee Members. With a background in accounting, he brings data and financial accuracy to the Asset Retirement Obligations team focusing on the development and standardization of ARO modeling and liability reporting.
In his spare time, Graeme can be found at the cabin with his wife and 3 children, or on the golf course.