Public Sector Accounting Standards


Active Projects

2018-2019 Annual Improvements

Exposure Draft – 2018-2019 Annual Improvements issued January 2019.

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

The Exposure Draft is open for comment until May 1, 2019

Final pronouncement

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 Q1 2019

Review of International Strategy

PSAB is expected to make a final decision at its March 2020 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. 


January 29, 2019 News
New! PSAB Standard-setting Due Process Manual

Our revised due process manual provides a clear explanation of our standard-setting due process activities and includes details of how you can participate in the process. We use plain language, simplified content, and visuals, to ensure the rigorous set of procedures we undertake to set standards is easy for you to understand. Visit the Due Process page to learn more.

January 21, 2019 News
Notice of Intent – Extending PSAB’s 2017-2020 Strategic Plan

PSAB will extend the end date of its current 2017-2020 Strategic Plan by oneyear to March 2021.  Extending the current strategic plan will allow input on key strategies that will inform the development of the next strategic plan. Feedback on this extension should be submitted to PSAB by March 1, 2019.

January 18, 2019 News
Submit an Issue – PSA Discussion Group LIVESTREAMED!

The next meeting of the Group will be held in Toronto and accessible via livestream on April 26, 2019. Individuals are encouraged to submit issues relating to the application of the PSA Handbook by March 1, 2019.