Standards for Public Sector Entities

WHAT'S NEW

Webinar – Explore PSAB’s statement of principles for a revised reporting model
August 14, 2018. Tune in to this webinar on October 17, 2018 (English) or November 7, 2018 (French) to learn about the key features of PSAB’s Statement of Principles, “A Revised Reporting Model for the Canadian Public Sector.”

Asset Retirement Obligations, Section PS 3280
August 1, 2018. PSAB released new standard, Asset Retirement Obligations, Section PS 3280. Visit the project page to learn more about this project’s history and access resources, such as an In Brief document and podcast, to help you understand the overall impact of the standard.

Basis for Conclusions – Asset Retirement Obligations
August 1, 2018. This document sets out how the Board reached its conclusions, and includes discussion of significant matters arising from comments received and issues raised in response to its proposals exposed.

The ONE National Conference – October 1-2, 2018
July 26, 2018. Attend this year’s The ONE national conference in Halifax! AcSB Chair Linda Mezon and AcSB member Armand Capisciolto will be giving an accounting standards update through an interactive interview format session. You’ll hear about the Board’s key focus areas, priorities and objectives – and get up to date on technical matters of interest to you.

PSA Discussion Group – Report on June 4, 2018 Livestreamed Meeting
July 11, 2018. Read the report for details about the discussions at the Group’s most recent meeting, including PSAB’s conceptual framework and reporting model proposals, and PSAB’s decision model for choosing a new international strategy.

IPSASB Exposure Draft 65 – Improvements to IPSAS, 2018
June 25, 2018. IPSASB issued Exposure Draft 65 proposing general improvements to IPSAS based on stakeholder feedback, and IFRS®convergence amendments. Canadian stakeholders can send comments to IPSASB until July 15, 2018.

Volunteer Opportunity – Public Sector Accounting Board
June 22, 2018. AcSOC is seeking new members to appoint to PSAB! We are looking for academics, auditors, financial statement preparers, not-for-profit sector professional, all levels of government, economics, and others! Applications are due August 31, 2018.

Shaping the Future – PSAB 2017-2018 Annual Report
June 20, 2018. We advanced major strategies in 2017-2018: our Concepts Underlying Financial Performance project, reviewing our current approach toward International Public Sector Accounting Standards, and looking closely at the complexities of government not-for-profit organizations, amongst others. Read about our year in our Annual Report.

Public Sector Conference – October 22-23, 2018
June 18, 2018. The Public Sector Conference offers innovative sessions, thought-provoking panels, and captivating keynote speeches. Hear from our own Michael Puskaric (PSAB Director) and Charles-Antoine St-Jean (PSAB Chair) who are participating as speakers at the two-day event in Ottawa. Register today!

In Brief – PSAB’s Recent Decision on Financial Instruments – Subsequent Issues
June 6, 2018. This In Brief provides a plain and simple overview of PSAB’s March 2018 decision on the applicability of financial instruments, foreign currency, and related standards. Learn more about the decision and where we go from here.

PSAB Meeting Agenda – June 21-22, 2018
June 4, 2018. At its upcoming meeting, the Board will discuss a number of topics including, Revenue, Financial instruments, Employee benefits, and Not-for-Profit Strategy.

Major projects move ahead – PSAB releases documents for comment on its Conceptual Framework, Reporting Model and International Strategy proposals
May 28, 2018. PSAB released several documents for comment on topics that will impact stakeholders for decades to come. We want to hear from you! To support you in providing feedback, we are doing extensive outreach and have issued numerous plain language resources – from In Brief documents for specific stakeholder groups, podcasts, and summary comparisons. Stay tuned for more!

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