The accounting treatment for P3 projects will be in accordance with the accounting policies and reporting practices of the Government of Alberta (GOA), which follow the recommendations of the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants. There is no specific guidance on accounting for P3s so the guidance in PS 3250, Tangible Capital Assets, and PSG-2, Leased Tangible Capital Assets, is specifically referred to in establishing the appropriate accounting treatment.