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July 13, 2022

Meeting Summary

PSAB Decision Summary – June 28-29, 2022

The Board discussed the Government Not-for-Profit Strategy, Conceptual Framework & Reporting Model, Employee Benefits, International Strategy, and other matters. Read the Decision Summary for full details.

July 11, 2022

Resource, Webinar

Webinar – Learn about the ISSB and its sustainability disclosure Exposure Drafts, and the impacts for Canada

Sustainability standard setting is at a pivotal juncture, with the first draft standards issued for public comment by the ISSB. Watch our 15-minute, on-demand webinar for an overview of the ISSB and their inaugural Exposure Drafts, the different ways you can participate in this consultation period to inform Canada’s response, and how to stay up to date on the latest developments on sustainability standards.

June 29, 2022

Meeting Summary

Now Available! Meeting Report from PSA DG Meeting – May 12, 2022

At its May 2022 meeting, the Group discussed International Public Sector Accounting Standards Board’s (IPSASB) Consultation Paper on Sustainability Reporting, Climate-related Issues including considerations under Public Sector GAAP and SORPs, and General Application Standards. Read the Meeting Report for full details.

June 15, 2022

News

MEDIA RELEASE – Accounting, Audit and Assurance Standards Oversight Councils announce Canadian Sustainability Standards Board

As the pace of progress in sustainability disclosures continues to accelerate, the Accounting Standards Oversight Council (AcSOC) and Auditing and Assurance Standards Oversight Council (AASOC) mutually approved the formation of the Canadian Sustainability Standards Board (CSSB). Read the media release to learn more about what this means for Canada.

May 17, 2022

International Activity

IPSASB Consultation Paper – Natural Resources

PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Consultation Paper, Natural Resources

Respond directly to IPSASB by October 17, 2022, to ensure Canadian-specific issues and perspectives are considered related to developing guidance on the recognition, measurement, presentation, and disclosure of natural resources in the public sector. 

Stay tuned for PSAB’s roundtable discussions on this topic, which will bring Canadians together to help inform the Board’s own response to IPSASB.

May 17, 2022

International Activity

IPSASB Consultation Paper – Advancing Public Sector Sustainability Reporting

PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Consultation Paper, Advancing Public Sector Sustainability Reporting

Respond directly to IPSASB by September 9, 2022, to ensure Canadian-specific issues and perspectives related to public sector sustainability reporting are considered. 

May 5, 2022

Resource, Other

Basis for Conclusions – Government Not-for-Profit Strategy

PSAB has released its Basis for Conclusions for its Government Not-for-Profit (GNFP) Strategy Decision, which provides an overview of key feedback from stakeholders and how PSAB responded. 

April 21, 2022

News

PSAB’s 2022-2027 Strategic Plan

The Board released its 2022-2027 Strategic Plan after extensive consultation with stakeholders. Read this document for the key strategic objectives that will guide PSAB over the next five years.

April 21, 2022

Meeting Summary

PSAB Decision Summary – March 30-31, 2022

The Board discussed the Government Not-for-Profit Strategy, 2022-2027 Draft Strategic Plan, Conceptual Framework, PSAB project consultation and other matters. Read the Decision Summary for full details.

April 21, 2022

News, Resource, Other

PSAB’s 2022 – 2027 Strategic Plan Feedback Statement

The Board released its Feedback Statement for the Draft 2022-2027 Strategic Plan Consultation Paper, which provides an overview of key feedback received by stakeholders and how PSAB responded.