PSAB

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January 18, 2019

News

Submit an Issue – PSA Discussion Group LIVESTREAMED!

The next meeting of the Group will be held in Toronto and accessible via livestream on April 26, 2019. Individuals are encouraged to submit issues relating to the application of the PSA Handbook by March 1, 2019.

January 18, 2019

Document for Comment

Exposure Draft – 2018-2019 Annual Improvements to Public Sector Accounting Standards

We need your feedback! PSAB issued its first annual improvements Exposure Draft to correct errors in the wording or clarify the PSA Handbook and Statements of Recommended Practices. Submit your response by April 18, 2019.

January 16, 2019

Meeting Summary

PSA Discussion Group – Report on November 19, 2018 Livestreamed Meeting

Read the report for details about the discussions of contractual rights, accounting for Indigenous government business enterprises, green infrastructure and PSAB’s reporting model proposals.

December 14, 2018

Resource

In Brief – Asset Retirement Obligations and Liability for Contaminated Sites — determining which standard should be applied

PSAB’s new standard on Asset Retirement Obligations, Section PS 3280, was issued in August 2018. Read this plain and simple overview explaining the differences between Section PS 3280 and Section PS 3260, and when to apply each standard.

December 13, 2018

Resource

Article – Principles-based Approach to Accounting for Non-traditional Pension Plans

Many public sector pension plans involve employers sharing risks with their employees and/or other employers. Read this article to learn how potential accounting guidance reflecting the risk assumed by employers could have a significant impact on their financial positions.

December 13, 2018

Resource

Article – Principles-based Approach to Accounting for Non-traditional Pension Plans

Many public sector pension plans involve employers sharing risks with their employees and/or other employers. Read this article to learn how potential accounting guidance reflecting the risk assumed by employers could have a significant impact on their financial positions.

November 19, 2018

Resource

In Brief – How Asset Retirement Obligations, Section PS 3280 applies to asset retirement obligations associated with landfills

PSAB’s new standard on Asset Retirement Obligations was issued in August 2018. Read this plain and simple overview of how Section PS 3280 applies to asset retirement obligations associated with solid waste landfills.

November 19, 2018

Resource, News

Article – The Evolution of Public Sector Pension Plans and Its Accounting Implications

Public sector pension plans have evolved substantially in the past decade. New plan features and arrangements have been introduced to address plan sustainability. Read this article to learn about why an update to the accounting standard may be needed.

November 19, 2018

Resource, News

Article – The Evolution of Public Sector Pension Plans and Its Accounting Implications

Public sector pension plans have evolved substantially in the past decade. New plan features and arrangements have been introduced to address plan sustainability. Read this article to learn about why an update to the accounting standard may be needed.

November 15, 2018

Resource

In Brief – PSAB’s New Standard on Revenue

Get a plain and simple overview of the recently approved new standard, Revenue, Section PS 3400, issued in the PSA Handbook on November 1. It’s effective April 1, 2022 with early adoption permitted.