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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.

IPSASB issued Exposure Draft 65 proposing general improvements to IPSAS based on stakeholder feedback, and IFRS^®convergence amendments. Canadian stakeholders can send comments to IPSASB until July 15, 2018.

Read the report for details about the discussions of: PSAB’s conceptual framework and reporting model proposals, public liability claims, municipal off-site lot levies, and PSAB’s decision model for choosing a new international strategy.

IPSASB issued Exposure Draft 64 proposing a single right-of-use model for lease accounting to replace the risks and rewards incidental to ownership model in IPSAS 13, Leases. Canadian stakeholders can send comments to IPSASB until June 30, 2018.

Read the report for details about the discussions of: green infrastructure, restructuring transactions, the consolidation of entities using IFRS® Standards for leases, and social impact bonds.

To recognize his leadership in establishing the Group in 2013, PSAB has invited recently retired PSAB Chair Rod Monette to be the first honourary Group member. This honourary membership will be reserved for each immediate past-Chair of PSAB.

At its June meeting, PSAB approved an updated mandate that would allow the Group to discuss emerging issues and other public sector financial reporting issues, in addition to issues of application of the PSA Handbook. The Group is currently accepting submissions for its November 17, 2017 meeting.

Read the report for details about the discussions at the Group’s most recent meeting.

Read the report for details about the discussions at the Group’s November 2016 meeting.

This article discusses our rationale to stay the course on Section PS 3410, Government Transfers.