News Listings

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council, the AcSB and PSAB. See the appointments page for full details.

The Group’s next meeting will be held in Toronto and accessible via livestream on April 24, 2020. Check out our Submit an Issue page to find out how you can submit issues relating to the application of the PSA Handbook. Submissions due by March 6, 2020. And don’t forget to watch our brief video while you’re there!

Have you ever been puzzled by an accounting issue and you’re looking for insight? You might want to consider submitting an issue to the PSA DG! Watch this short video that walks you through the process to prepare and submit your issue for discussion. 

At its recent meeting, the Board discussed, reviewed, and made decisions on number of topics, including the International Strategy, Conceptual Framework and Reporting Model, Financial Instruments Narrow Scope Amendments, and Annual Improvements. Read the Decision Summary for full details.

The Canadian Academic Accounting Association’s (CAAA) 2020 conference theme is “Risky Business: Accounting in time of Uncertainty,” As research on managing, measuring and reporting risk can support Canada’s standard-setting boards’ evidence-based decision making, we encourage you to submit your papers by January 17, 2020.

The PSA DG is a public forum where issues relating to public sector financial reporting are discussed. Watch this insightful video to learn what it’s all about.

PSAB proposes to remove the prohibition against recognizing intangibles purchased in an exchange transaction in public sector financial statements. The change is proposed to respond to input from Indigenous governments and other PSAB stakeholders. Read the Exposure Draft and Basis for Conclusions for full details.

PSAB has decided to revisit our Employment Benefits project by reviewing the project plan and scope. Read this article to find out why, and what’s next for our stakeholders. 

Topics discussed were government business enterprises, user fees versus taxes, climate change and sustainable finance, and PSAB’s GNFP Consultation Paper. Read the report for full details.

Exposure Draft, Public Private Partnerships

In this Exposure Draft, PSAB proposes specific scope, recognition, measurement, presentation, and disclosure requirements for public private partnerships. This proposed guidance will have a significant impact in the public sector. Read and respond to the exposure draft before February 29, 2020.