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PSAB

PSAB Decision Summary – December 10, 2020

This summary of decisions of the Public Sector Accounting Board (PSAB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects, which might change after further deliberations by PSAB. Decisions to publish exposure draft and Handbook material are final only after a formal ballot process.

Standards for Public Sector Entities

Employment Benefits

PSAB discussed and provided feedback on the first release of an exposure draft  for the employment benefits standard. The Board plans to approve the exposure draft for comment at its March 2021 meeting.

Other Matters

2021-2022 Annual Plan and Risk Assessment

PSAB reviewed and provided feedback on the draft 2021-2022 Annual Plan and Risk Assessment. It will be presented for approval at the Board’s March 2021 meeting.

Interim Performance Report

PSAB reviewed the interim 2020-2021 Performance Report.