Standards for Public Sector Entities

WHAT'S NEW

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.

PSA Discussion Group Meeting Agenda – October 27, 2015
October 13, 2015. A summary of topics for discussion.

CPA Magazine Standards Speak – Why the PSA Discussion Group Matters
October 9, 2015.  In this article, Andrew Newman, Chair of the PSA Discussion Group, explains the objective of the Group and how its discussions have led to various new initiatives.

Job Opportunity – Director, Public Sector Accounting
October 8, 2015. CPA Canada is seeking a Director of Public Sector Accounting. This key leadership position requires both technical acumen and facilitation skills, and will bring together people and ideas, resulting in timely and high-quality standards. Résumés should be submitted by October 30, 2015.

Message from the Chair – October 2015
October 6, 2015. PSAB’s Chair, Rod Monette, highlights discussions held at the Board’s September 2015 meeting and other topics.

CPA Canada Article – Setting the Foundation for Public Sector Entities: PSAB Conceptual Framework
August 20, 2015.  In this article, Clyde MacLellan, Chair of the Conceptual Framework Task Force, explains the work being done on the public sector conceptual framework.  The focus has been on getting the foundation of public sector accounting and financial reporting right.

IPSASB Consultation Paper – Recognition and Measurement of Social Benefits
August 10, 2015.  IPSASB has issued a Consultation Paper to seek comments on the approaches identified to recognize and measure social benefits.  Social benefits include social assistance and social security. Canadian stakeholders are encouraged to provide their comments to IPSASB by January 31, 2016.

IPSASB Exposure Draft – The Applicability of IPSASs
August 10, 2015.  IPSASB has issued an Exposure Draft that proposes changes to address stakeholders’ concerns about the application of IPSASs to public sector entities.  Canadian stakeholders are encouraged to provide their comments to IPSASB by November 30, 2015.

PSA Discussion Group – Report on May 7, 2015 Meeting
August 4, 2015. Read the report for details about the discussions at the Group’s most recent meeting.

PSAB Matters Article – When Loans Are Really Grants
July 30, 2015. This article provides an overview of Section PS 3050, Loans Receivable.

Message from the Chair – July 2015
July 8, 2015. PSAB’s Chair, Rod Monette, highlights discussions held at the Board’s June 2015 meeting and other topics.

CPA Magazine Standards Speak – Public Sector Accounting Board Reaches for the Stars
June 5, 2015. In the May issue, PSAB Chair, Rod Monette, says because the business of standard setting has become more complex, the Board’s obligation to reach out and engage the public and its stakeholders is more important than ever.

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