News Listings

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.

Watch a recording of our March 18, 2025, webinar to learn more about our Exposure Draft, “Intangible Assets, Proposed Section PS 3155.” Viewing this webinar and successful completion of the quiz may count towards your CPD requirements.

At its June meeting, the Group discussed the impacts of rising inflation and economic environment on financial reporting, public sector considerations for the Auditor’s reporting on Going Concern, and more. Read the Meeting Report for full details.

Canada’s standard-setting boards are monitoring the COVID-19 pandemic closely. We are committed to providing information to help our stakeholders stay informed and address the challenges that may come during this time. Bookmark this webpage to stay up to date on our news and resources.