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Learn about key proposals in PSAB’s recently issued Re-exposure Draft “Employee Benefits, Proposed Section PS 3251”! Join us for a live webinar on November 13, 2024, and find out how we’re responding to your feedback on discount rate amendments. This webinar will be conducted in English with simultaneous translation to French. Register now and stay informed about how upcoming changes could impact you.

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section 3251.” This limited re-exposure focuses on amendments to discount rate principles of the Exposure Draft issued in July 2021, including assessing funding status and sensitivity analysis disclosure requirements. Don’t miss your chance to review these amendments and send us your feedback by January 20, 2025.

Learn about key proposals in PSAB’s recently issued Re-exposure Draft “Employee Benefits, Proposed Section PS 3251”! Join us for a live webinar on November 13, 2024, and find out how we’re responding to your feedback on discount rate amendments. This webinar will be conducted in English with simultaneous translation to French. Register now and stay informed about how upcoming changes could impact you.

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251.” This Re-exposure Draft focuses on amendments to previously exposed discount rate principles for defined benefit plans. Read our In Brief to learn more about the proposals and how you can provide your input.

The International Public Sector Accounting Standards Board (IPSASB) released the Exposure Draft 90, “Amendments to IPSAS as a Result of the Application of IPSAS 46, Measurement.” We encourage you to respond to this Exposure Draft so Canadian perspectives are considered. Do your part to ensure future international standards serve the Canadian public interest. Submit your comments to IPSASB by November 29, 2024.

Become a member of the Public Sector Accounting Board. Contribute to Canadian standards, gain professional insights, and engage with a diverse community. Apply by September 13, 2024.

PSAB discussed topics such as the Post-implementation Review Assessment, Employee Benefits, the Public Sector Accounting Discussion’s Group’s 5-year review, Intangible Assets, and more. Read the Decision Summary for full details.

The Group discussed Asset Retirement Obligations: Exploration of Potential Application Issues, Application of GAAP Hierarchy – Operating Leases, Lessee Accounting Treatment, and more. Read the meeting report for full details.

The Accounting Standards Oversight Council met on June 4, 2024, to discuss the Public Sector Accounting Board's and Accounting Standards Board's activities and related matters. Read the full report for more information.

PSAB encourages interested and affected parties to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Exposure Draft 89, “Amendments to Consider IFRIC Interpretations.” Respond directly to IPSASB by June 17, 2024, to ensure Canadian-specific issues and perspectives related to the proposed amendments are considered.