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

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

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 Q1 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


June 14, 2019 News
Submit an Issue – PSAB 2019-2020 Annual Improvements

The deadline to submit your issues to ensure that they are considered in the 2019-2020 Annual Improvements project is approaching.  Get your issues into PSAB by June 30, 2019.

June 7, 2019 News
Volunteer Opportunity for an Indigenous Government Finance Official – The Public Sector Accounting Discussion Group Needs You

The Public Sector Accounting Board (PSAB) is committed to ensuring diversity and a broad experience is represented on its committees. We are currently looking for Indigenous government finance representation on our Public Sector Accounting (PSA) Discussion Group with expertise in public sector accounting. Read more about the opportunity we have available and apply by September 16, 2019.

May 29, 2019 Meeting Summary
Now Available! Meeting Report from PSA DG Livestreamed Meeting — April 26, 2019

Topics discussed were Purchased intangibles, developer agreements, international strategy, contractual rights, taxes levied for specific purposes, and more. Read the report for full details.