Standards for Public Sector Entities
Article – Is There a Right Way to Measure the Time Value of Money?
December 11, 2017. The choice of discount rate could have significant effects on the benefit obligation reported. Read this article to learn about the debate on which discount rate would best reflect the time value of money in determining the benefit obligation.
PSA Discussion Group – Report on November 17, 2017 Livestreamed Meeting
December 8, 2017. Read the report for details about the discussions at the Group’s most recent meeting, including green infrastructure and social impact bonds.
In Brief – Invitation to Comment, Employment Benefits: Discount Rate Guidance in Section PS 3250
November 30, 2017. This In Brief provides a plain and simple overview of the Invitation to Comment, Employment Benefits: Discount Rate Guidance in Section PS 3250. It also presents background information about PSAB’s Employment Benefits project.
Invitation to Comment – Employment Benefits: Discount Rate Guidance in Section PS 3250
November 29, 2017. PSAB has issued an Invitation to Comment to seek stakeholder input before forming its preliminary views on the discount rate guidance provisions in the employment benefits standards. Stakeholders are encouraged to submit their responses by March 9, 2018.
PSAB Meeting Agenda – December 14-15, 2017
November 29, 2017. At its upcoming meeting, the Board will be discussing a number of topics including, Concepts Underlying Financial Performance, Financial Instruments and International Strategy.
New Project – PSAB to Review its International Strategy
November 10, 2017. As part of its 2017-2020 Strategic Plan, PSAB has approved a new project that may change the role the Board plays in setting standards in Canada.
IPSASB Exposure Draft 63 – Social Benefits
November 8, 2017. IPSASB has issued Exposure Draft 63, which defines social benefits and proposes requirements for recognition, measurement and disclosure of social benefit schemes. Canadian stakeholders are encouraged to provide their comments to IPSASB by March 31, 2018.
PSA Discussion Group Meeting Agenda – November 17, 2017 LIVESTREAMED!
October 20, 2017. The Group will discuss a number of topics, including Implications of Compliance-type Audit Reports for Public Sector GAAP, Green Infrastructure, and Social Impact Bonds. Attend in person or register to participate via livestream.
Webinar – Invitation to Comment on Employment Benefits Discount Rate Guidance
October 6, 2017. Tune in to this webinar on January 16, 2018 (English) or January 17, 2018 (French) to learn about the key features of PSAB’s Invitation to Comment, “Employment Benefits: Discount Rate Guidance in Section PS 3250.”
Public Sector Conference – October 23-24, 2017
October 3, 2017. Hear about the important issues and trends public sector financial professionals need to know. PSAB representatives are set to take the stage during the two-day conference in Ottawa, including Charles-Antoine St-Jean (Chair), Kim MacPherson (Member and Asset Retirement Obligations Task Force Chair) and Michael Puskaric (staff director).
In Brief – Statement of Principles: Public Private Partnerships
September 28, 2017. In Brief is a new resource that provides a plain and simple overview on technical topics. Read the inaugural In Brief for an overview of the key principles developed in PSAB’s recently released Statement of Principles, Public Private Partnerships.
New! Honourary Member – Public Sector Accounting Discussion Group
September 26, 2017 To recognize his leadership in establishing the Group in 2013, PSAB has invited recently retired PSAB Chair Rod Monette to be the first honourary Group member. This honourary membership will be reserved for each immediate past-Chair of PSAB.