Standards for Public Sector Entities

WHAT'S NEW

IPSASB Consultation Paper – Accounting for Revenue and Non-exchange Expenses
September 19, 2017. IPSASB has issued a Consultation Paper that discusses various recognition approaches, implementation and measurement issues for revenue and non-exchange expenses. Canadian stakeholders are encouraged to provide their comments to IPSASB by January 15, 2018.

PSAB Meeting Agenda – September 21-22, 2017
September 7, 2017. At its upcoming meeting, the Board will be discussing a number of topics including, Concepts Underlying Financial Performance, Employment Benefits, Financial instruments and International Strategy.

PSAB Financial Instruments Update – Respond to IPSASB Exposure Draft 62, Financial Instruments
August 24, 2017. Read this update on why PSAB is considering the IPSASB’s financial instruments standard to address current Canadian hedge accounting issues. We encourage stakeholders to respond to the IPSASB exposure draft by December 31, 2017.

Volunteer Opportunities – Concepts Underlying Financial Performance Task Force
August 24, 2017. PSAB is currently seeking new members for its Concepts Underlying Financial Performance Task Force, a committee dedicated to supporting the review and revision of the conceptual framework and reporting model for the Canadian public sector. If you are interested, please submit a resumé by September 22, 2017.

Public Sector Accounting Discussion Group – New Mandate
August 23, 2017. At its June meeting, PSAB approved an updated mandate that would allow the Group to discuss emerging issues and other public sector financial reporting issues, in addition to issues of application of the PSA Handbook. The Group is currently accepting submissions for its November 17, 2017 meeting.

New Online Submission Form – Submit an Issue to the PSA Discussion Group
August 22, 2017. The PSA Discussion Group is testing a new online submission form for our stakeholders to easily submit issues for us to discuss. Read more about this new process and ensure you submit your issues by September 15, 2017 for our next meeting, which takes place on November 17.

NEW! Livestreaming – Public Sector Accounting Discussion Group November 17, 2017 Meeting
August 2, 2017. Attend the upcoming PSA Discussion Group meeting in person, or now, virtually! Virtual observers will be able to see and hear the discussion in real-time along with in-person observers. Register as an observer now; spaces are limited!

PSAB Statement of Principles – Public Private Partnerships
July 20, 2017. PSAB has issued a Statement of Principles that proposes a new standard on public private partnerships. Stakeholders are encouraged to submit their comments, on the form provided, by October 17, 2017.

Message from the Chair – July 2017
July 7, 2017. PSAB’s Chair, Rod Monette, highlights discussions held at the Board’s June 2017 meeting and other topics.

PSAB 2016-2017 Annual Report – Progress Through Collaboration
June 14, 2017. The theme of this year’s Annual Report reflects the vital role our stakeholders play in standards development. Read more about our accomplishments including how we’ve expanded our stakeholder reach and made significant progress on many projects.

PSAB Work Plan – 2017-2018
June 8, 2017. This Work Plan sets out PSAB’s key activities and project milestones in 2017-2018.

PSAB Matters Article – Results of 2016 Stakeholder Survey
June 7, 2017. This article communicates the results of the 2016 stakeholder survey on PSAB’s performance and actions the Board plans to take in 2017-2018.

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