Public Sector Accounting Board

About PSAB

The Public Sector Accounting Board (PSAB) was created to serve the public interest by establishing accounting standards for the public sector. We also provide guidance for financial and other performance information reported by the public sector.

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Upcoming meetings & events

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Meeting & event summaries

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December 12-13, 2019 PSAB Decision Summary – December 12-13, 2019

At its recent meeting, the Board discussed, reviewed, and made decisions on number of topics, including the International Strategy, Conceptual Framework and Reporting Model, Financial Instruments Narrow Scope Amendments, and Annual Improvements. Read the Decision Summary for full details.

November 15, 2019 Now Available! Meeting Report from PSA DG Livestreamed Meeting — November 15, 2019

Topics discussed were government business enterprises, user fees versus taxes, climate change and sustainable finance, and PSAB’s GNFP Consultation Paper. Read the report for full details.

June 20-21, 2019 PSAB Decision Summary – June 20-21, 2019

At its recent meeting, the Board discussed, reviewed and made decisions on number of topics, including Conceptual Framework and Reporting Model, Public Private Partnership and 2018-2019 Annual Improvements. Read the summary for full details.


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March 31, 2020 Basis for Conclusions
Basis for Conclusions, Financial Instruments – Narrow Scope Amendments

This document describes the Board’s amendments to FINANCIAL INSTRUMENTS, Section PS 3450. This includes changes to the accounting treatment of bond repurchase transactions, clarification of transitional provisions, and other minor improvements. Read our final Basis for Conclusions for full details.

March 30, 2020 News
PSAB Meeting Agenda – Date to be determined

Given the unprecedented global challenges related to COVID-19, PSAB has made the decision to postpone its March 2020 Board meeting to a later date. PSAB is in the process of rescheduling its meeting. Information on the rescheduled meeting will be shared when it’s available.

March 9, 2020 News
Appointments - AcSOC, the AcSB and PSAB

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council, the AcSB and PSAB. See the appointments page for full details.