The topics the PSA Discussion Group plans to discuss are outlined below. Although current at the date prepared (May 2, 2023), this agenda is subject to change.
Canadian Economic Overview and Potential Impacts to the Public Sector
- Introductory overview provided by CPA Canada’s Chief Economist on economic trends and considerations of potential impacts to the Canadian public sector to support discussions for the two agenda topics.
Impacts of Rising Inflation and Economic Environment on Financial Reporting
- Consider issues relating to how public sector organizations are to assess the financial and accounting impacts resulting from shifts in economic outlook.
Auditor Reporting on Going Concern: Public Sector Considerations
- Consider issues relating to the AASB’s Exposure Draft on a revised Canadian Auditing Standard (CAS) 570, Going Concern to public sector organizations.