Public Sector Accounting Standards

Overview

Active Projects

2018-2019 Annual Improvements

PSAB will deliberate responses in June 2019.

2019-2020 Annual Improvements

PSAB is accepting submissions of issues for its annual improvements projects.

Concepts Underlying Financial Performance

PSAB is deliberating the feedback received on the Statement of Concepts and Statement of Principles.

As it deliberates the feedback, PSAB is developing two exposure drafts (one for a revised conceptual framework and one for a revised reporting model) with two accompanying basis for conclusions documents and the resulting consequential amendments.

PSAB expects to issue the two exposure drafts and accompanying documents in 2020.

Employment Benefits

Responses to the three Invitations to Comment to be discussed in 2019

Financial Instruments - Narrow Scope Amendments

PSAB is deliberating responses to the Exposure Draft.

Government Not-for-Profit Strategy

A consultation paper is being prepared for release in May 2019.

Public Private Partnerships

PSAB established the Public Private Partnerships Task Force Q1 2016

Statement of Principles published in 2017, followed by public outreach

The Exposure Draft is being developed and expected to be published Q4 2019

Review of International Strategy

PSAB to approve a second consultation paper at its March 2019 meeting

CPA Canada Handbook

The CPA Canada Public Sector Accounting Handbook contains all the public sector accounting standards, set by PSAB. Its available in print and online. 

News


August 12, 2019 News
CPA Canada Webinar – Financial reporting by First Nations in 2019

Learn about financial reporting issues affecting First Nations and how public sector accounting standards evolve to address their unique needs. Register now and tune in on October 10, 2019 (English) at 12:30 p.m.

August 12, 2019 News
New IPSASB Exposure Draft – Improvements to IPSAS, 2019

IPSASB released an Exposure Draft proposing minor amendments to IPSAS in order to address issues raised by stakeholders. Canadian stakeholders can send comments to IPSASB until September 30, 2019. Read the exposure draft for full details.

July 24, 2019 News
Register Now! Public Sector Conference 2019

With the theme of Lead.Connect.Innovate., this year's conference agenda promises cutting edge ideas, best practices and thought leadership, along with the regular technical and regulatory updates. Speakers include PSAB’s own Michael Puskaric, Director, and Charles-Antoine St-Jean, Chair, who will provide an update on PSAB’s projects and initiatives. The conference is held on October 28 and 29 in Ottawa. Visit the page for more details or to register.