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:
- 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