PSAB

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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September 26-27, 2019 PSAB Meeting Agenda – September 26-27, 2019 9:00 AM - 5:00 PM Toronto, Ontario

At its upcoming meeting, the Board will discuss several topics including, Conceptual Framework and Reporting Model, Public Private Partnership, Annual Improvements, and Employment benefits. Read the agenda for full details.

October 17-18, 2019 AcSOC Meeting – October 17-18, 2019 Thursday, October 17, 2019 – 9:00 am to 5:00 pm (ET) Friday, October 18, 2019 – 9:00 am to 12:00 pm (ET) Toronto, Ontario

Attend the upcoming AcSOC meeting in person or virtually via livestream! You can see and hear the meeting discussion in real-time, no matter where you are in the world. The Council will discuss a number of topics, including the Chair’s reports on the many activities of the AcSB and PSAB. Register today!

November 15, 2019 PSA Discussion Group Meeting – November 15, 2019 8:30 am to 3:30 pm EST Toronto, ON

The next PSA Discussion Group meeting is coming up! Register to hold your place as an in-person or livestream observer. Agenda coming in October.

Meeting & event summaries

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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.

May 29, 2019 Now Available! Meeting Report from PSA DG Livestreamed Meeting — April 26, 2019

Topics discussed were Purchased intangibles, developer agreements, international strategy, contractual rights, taxes levied for specific purposes, and more. Read the report for full details.

March 21-22, 2019 PSAB Decision Summary – March 21-22, 2019

At its recent meeting, the Board discussed, reviewed, and made decisions on number of topics, including International Strategy, Government Not-for-Profit Strategy, and liability for contaminated sites. Read the summary for full details on what was discussed.

News

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September 12, 2019 News
New IPSASB Exposure Draft – Public Sector Financial Instruments, Amendments to IPSAS 41, Financial Instruments

IPSASB released an Exposure Draft providing guidance on how to account for financial instruments unique to the public sector. Canadian stakeholders can send comments to IPSASB until December 31, 2019. Read the Exposure Draft for full details.

September 9, 2019 Resource
PSAB Video – Reviewing PSAB’s Approach to International Public Sector Accounting Standards

PSAB’s second consultation paper on its international strategy is out for comment until September 30, 2019. The video provides background and clarifies the four options originally presented in the first paper. Watch the video and have your say on Canada’s public sector accounting international strategy.

September 9, 2019 Resource
PSAB Video Transcript – Reviewing PSAB’s Approach to International Public Sector Accounting Standards

PSAB’s second consultation paper on its international strategy is out for comment until September 30, 2019. The video provides background and clarifies the four options originally presented in the first paper. Watch the video or read the transcript and have your say on Canada’s public sector accounting international strategy.