Volunteer Opportunity – Public Sector Accounting Board

The Accounting Standards Oversight Council (AcSOC) is seeking 
new members to appoint to the Public Sector Accounting Board (PSAB).

Are you interested in driving public sector accounting standard-setting in Canada? Do you want to help in ensuring that these standards are set in the public interest?

PSAB is currently in the midst of accomplishing its 2017-2021 Strategic Plan, which addresses a number of specific areas and issues, including:

  • Finalizing the conceptual framework, guiding standards for years to come.
  • Reviewing our approach to International Public Sector Accounting Standards.
  • Developing a government not-for-profit organization strategy that is in the public interest.
  • Continuously enhancing stakeholder participation, support and acceptance of Public Sector Accounting Standards.

We need you

Responsible for volunteer appointments, AcSOC is currently looking for candidates such as:

  • academics;
  • auditors;
  • financial statement preparers;
  • government not-for-profit sector professionals;
  • all levels of government;
  • economists; and
  • many others.

AcSOC maintains a balance of different backgrounds and perspectives amongst PSAB’s members. As a result, we have a particular need for female candidates and those with local government experience

Attributes of all candidates should include:

  • a strong public interest perspective;
  • the seniority and credibility to be recognized as a “voice” in Canada and, as needed, internationally;
  • sufficient time and scheduling flexibility; and
  • the ability to work collaboratively to reach a consensus in order to develop high quality standards.

PSAB members are not required to hold a professional accounting designation.

What’s in it for you

  • Learn about the roles various organizations play to ensure that Canadians can rely on and trust the Canadian public sector accounting standard-setting processes. 
  • Understand the processes by which standards are established. 
  • Recognize the challenges involved in setting standards that apply to all public sector entities. 
  • Give back, while gaining in-depth knowledge and experience.

About the role

This demanding but rewarding volunteer role involves the following:

  • A minimum time commitment of approximately 130 hours per year, including preparation and meeting time, and potential stakeholder outreach opportunities.
  • Four face-to-face meetings per year, including periodic conference calls.
  • Effective April 1, 2020 for a three-year term, with the possibility of renewing for a second term.
  • Unpaid with travel and other relevant costs reimbursed.

Please note: PSAB’s working language is English.

Need more information about this opportunity? Contact:

Michael Puskaric, MBA, CPA, CMA
Director, Public Sector Accounting Standards Board
Phone: 416-204-3451

Apply today!

Expressions of interest should be submitted by September 30, 2019.