Public Sector Accounting Board

Watch a video recording of the Public Sector Accounting Discussion Group meeting on November 28, 2024, where we discussed recent IPSASB exposure drafts on natural resources and sustainability. Find out how we continue to work with PSAB to influence the development of international public sector accounting standards.

PSAB discussed topics such as the Government Not-for-Profit Capital Assets project, Intangible Assets project, International Public Sector Accounting Standards Board update, generally accepted accounting principle designations in the Public Sector Accounting Handbook Appendices, and more. Read the Decision Summary for full details.

PSAB discussed topics such as the Post-implementation Review Assessment, Employee Benefits, the Public Sector Accounting Discussion’s Group’s 5-year review, Intangible Assets, and more. Read the Decision Summary for full details.

Read our In Brief for more on the key aspects of PSAB’s new Reporting Model in Section PS 1202, Financial Statement Presentation. Learn about changes from Section PS 1201, Financial Statement Presentation, and find out how these amendments will impact users. The new Reporting Model takes effect for fiscal years beginning on or after April 1, 2026. Check out our In Brief and related resources to ensure you’re ready for the transition!

Learn about key proposals in PSAB’s recently issued Re-exposure Draft “Employee Benefits, Proposed Section PS 3251” and stay informed about how upcoming changes could impact you. Watch our on-demand webinar and find out how we’re responding to your feedback on discount rate amendments.

Join a network of experts and stay ahead of the curve on an important topic in public sector accounting! Apply now for our Cloud Computing Task Force and help develop guidance for cloud computing arrangements in the public sector. Applications are due December 18, 2024.