Standards for Public Sector Entities

WHAT'S NEW

Statement of Principles – A Revised Reporting Model for the Canadian Public Sector
May 28, 2018. Weigh in on proposals for a new reporting model! PSAB has issued a Statement of Principles proposing a revised reporting model for the Canadian public sector. Stakeholders are encouraged to submit their responses by November 28, 2018.

Statement of Concepts – A Revised Conceptual Framework for the Canadian Public Sector
May 28, 2018. Proposed new concepts for the Canadian public sector! PSAB has issued a Statement of Concepts proposing a revised conceptual framework and it wants your input. Stakeholders are encouraged to submit their responses by November 28, 2018.

Consultation Paper – Reviewing PSAB’s Approach to International Public Sector Accounting Standards
May 28, 2018. This Consultation Paper introduces the criteria PSAB will use to make a decision on its future international strategy and illustrates the application of the criteria through four possible options. Stakeholders are encouraged to submit their responses by September 28, 2018.

PSA Discussion Group Meeting Agenda – June 4, 2018 LIVESTREAMED!
May 11, 2018. The Group will discuss a number of topics, including PSAB’s proposals for a revised conceptual framework and reporting model for the Canadian public sector, PSAB’s international strategy Consultation Paper, public liability claims and municipal lot levies. Attend in person or register to participate via livestream.

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!

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!

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.

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.

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