Public Sector Accounting Board

WHAT'S NEW

PSA Discussion Group – Report on June 4, 2018 Livestreamed Meeting
July 11, 2018. Read the report for details about the discussions at the Group’s most recent meeting, including PSAB’s conceptual framework and reporting model proposals, and PSAB’s decision model for choosing a new international strategy.

PSAB Decision Summary – June 21-22, 2018
July 9, 2018. At its recent meeting, the Board discussed, reviewed, and made decisions on a number of topics, including Employment Benefits, Financial Instruments, Public Private Partnerships, Revenue, and Government Not-for-Profit Strategy.

Serving the public interest: More efficient standard-setting oversight – AcSOC 2017-2018 Annual Report
June 27, 2018. Reviewing our approach to oversight, listening carefully to our stakeholders, and overseeing and supporting the work of the AcSB and PSAB – we served the public interest through more efficient standard-setting oversight. Read more about our 2017-2018 activities in our Annual Report.

IPSASB Exposure Draft 65 – Improvements to IPSAS, 2018
June 25, 2018. IPSASB issued Exposure Draft 65 proposing general improvements to IPSAS based on stakeholder feedback, and IFRS®convergence amendments. Canadian stakeholders can send comments to IPSASB until July 15, 2018.

Volunteer Opportunity – Public Sector Accounting Board
June 22, 2018. AcSOC is seeking new members to appoint to PSAB! We are looking for academics, auditors, financial statement preparers, not-for-profit sector professional, all levels of government, economics, and others! Applications are due August 31, 2018.

Shaping the Future – PSAB 2017-2018 Annual Report
June 20, 2018. We advanced major strategies in 2017-2018: our Concepts Underlying Financial Performance project, reviewing our current approach toward International Public Sector Accounting Standards, and looking closely at the complexities of government not-for-profit organizations, amongst others. Read about our year in our Annual Report.

Public Sector Conference – October 22-23, 2018
June 18, 2018. The Public Sector Conference offers innovative sessions, thought-provoking panels, and captivating keynote speeches. Hear from our own Michael Puskaric (PSAB Director) and Charles-Antoine St-Jean (PSAB Chair) who are participating as speakers at the two-day event in Ottawa. Register today!

In Brief – PSAB’s Recent Decision on Financial Instruments – Subsequent Issues
June 6, 2018. This In Brief provides a plain and simple overview of PSAB’s March 2018 decision on the applicability of financial instruments, foreign currency, and related standards. Learn more about the decision and where we go from here.

PSAB Meeting Agenda – June 21-22, 2018
June 4, 2018. At its upcoming meeting, the Board will discuss a number of topics including, Revenue, Financial instruments, Employee benefits, and Not-for-Profit Strategy.

Major projects move ahead – PSAB releases documents for comment on its Conceptual Framework, Reporting Model and International Strategy proposals
May 28, 2018. PSAB released several documents for comment on topics that will impact stakeholders for decades to come. We want to hear from you! To support you in providing feedback, we are doing extensive outreach and have issued numerous plain language resources – from In Brief documents for specific stakeholder groups, podcasts, and summary comparisons. Stay tuned for more!

Statement of Principles – A Revised Reporting Model for the Canadian Public Sector
May 28, 2018. Weigh in on proposals for a new reporting model! PSAB has issued a Statement of Principles proposing a revised reporting model for the Canadian public sector. Stakeholders are encouraged to submit their responses by November 28, 2018.

Statement of Concepts – A Revised Conceptual Framework for the Canadian Public Sector
May 28, 2018. Proposed new concepts for the Canadian public sector! PSAB has issued a Statement of Concepts proposing a revised conceptual framework and it wants your input. Stakeholders are encouraged to submit their responses by November 28, 2018.

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