Public Sector Accounting Board

WHAT'S NEW

Register now! Public Sector Accounting Discussion Group Meeting – June 4, 2018
April 9, 2018. Attend the upcoming PSA Discussion Group meeting in person or virtually via livestream! You can see and hear the meeting discussion in real-time, no matter where in the world you are. Register as an observer now; spaces are limited!

Livestreaming – AcSOC June 7-8, 2018 Meeting
April 6, 2018. Attend AcSOC meetings in person or virtually! Observers will be able to see and hear the AcSOC meeting discussion in real-time via a livestream feed. Register as an observer now; spaces are limited!

PSAB Decision Summary – March 22-23, 2018
April 6, 2018. At its recent meeting, the Board discussed, reviewed, and made decisions on a number of topics, including Asset Retirement Obligations, Financial Instruments, and International Strategy.

Submit an Issue – PSA Discussion Group
March 27, 2018. The next meeting of the Group will be held in Toronto and accessible via livestream on June 4, 2018. Individuals are encouraged to submit issues relating to the application of the PSA Handbook by April 20, 2018.

CPA Canada Webinar – Financial Reporting by First Nations
March 23, 2018. CPA Canada’s free webinar highlights key financial reporting issues faced by First Nations and how public sector accounting standards evolve to address their unique needs. Tune in on May 3, 2018 (English) at 12:30 p.m.

IPSASB Consultation Document – Proposed Strategy and Work Plan for 2019-2023
March 23, 2018. IPSASB issued a Consultation Document proposing a strategic objective and work plan for 2019-2023. Check out IPSASB’s proposals to strengthen public financial management globally.

Volunteer Opportunity – Public Sector Accounting Board
March 23, 2018. AcSOC is seeking new members to appoint to PSAB! We have an immediate need for candidates who work in municipal government (applications due April 30, 2018). Longer term, we are also seeking academics, auditors, financial statement preparers, not-for-profit sector professional, other levels of government, economics, and others!

Appointments – AcSOC, AcSB, and PSAB
March 21, 2018. AcSOC is pleased to announce appointments, as well as retirements and reappointments, to AcSOC, AcSB and PSAB.

PSAB Meeting Agenda – March 22-23, 2018
March 6, 2018. At its upcoming meeting, the Board will be discussing a number of topics including, Financial Instruments, Asset Retirement Obligations and International Strategy.

AcSOC Meeting Agenda – March 1-2, 2018
February 21, 2018. Our upcoming meeting will include an update on international accounting matters, as well as activities of the Accounting Standards Board and Public Sector Accounting Board. March 1 agenda sessions will be livestreamed! Check out the agenda today and be sure to register as a public observer.

IPSASB Exposure Draft 64 – Leases
February 12, 2018. IPSASB issued Exposure Draft 64 proposing a single right-of-use model for lease accounting to replace the risks and rewards incidental to ownership model in IPSAS 13, Leases. Canadian stakeholders can send comments to IPSASB until June 30, 2018.

Article – Employment Benefits Discount Rate: Any Case for a Current Rate?
February 5, 2018. Read this article to learn about the debate on whether a current rate, an average rate or a projected rate would be appropriate for the discount rate used in determining benefit obligation.

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