Public Sector Accounting Board

WHAT'S NEW

Submit an Issue – PSA Discussion Group
November 24, 2015. The next meeting of the Group will be held in Toronto on March 3, 2016. Individuals are encouraged to submit issues relating to the application of the PSA Handbook by January 4, 2016.

PSAB Meeting Agenda – December 14-15, 2015
November 20, 2015. A summary of topics for discussion.

PSAB Matters Article – Partnerships with Common Goals
November 17, 2015. Get an overview of Section PS 3060, Government Partnerships, which establishes how an entity should account for its interest in partnerships.

IPSASB Exposure Draft – Impairment of Revalued Assets
October 22, 2015.  IPSASB has issued an Exposure Draft that proposes to bring property, plant and equipment, and intangible assets on the revaluation model within the scope of IPSAS 21, Impairment of Non-Cash- Generating Assets, and IPSAS 26, Impairment of Cash-Generating Assets.  Canadian stakeholders are encouraged to provide their comments to IPSASB by January 15, 2016.

IPSASB Exposure Draft – Improvements to IPSASs
October 22, 2015.  IPSASB has issued an Exposure Draft that proposes minor improvements to various International Public Sector Accounting Standards.  Canadian stakeholders are encouraged to provide their comments to IPSASB by January 15, 2016.

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