International Public Sector Accounting Standards Activities
There are currently no active projects
There are no deferred projects at this time.
PSAB has no active consultation with Canadian Stakeholders at this time.
PSAB responds to most of IPSASB open public consultations.
As of April 1, 2021, PSAB’s new International Strategy is in effect. Get to know how we use international standards, work with the International Public Sector Accounting Standards Board, and ensure Canadian needs are reflected in the development of standards.
PSAB encourages interested and affected parties to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Exposure Draft 88, Arrangements Conveying Rights over Assets (Amendments to IPSAS 47 and IPSAS 48). Respond directly to IPSASB by May 31, 2024, to ensure Canadian-specific issues and perspectives are considered.
The International Public Sector Accounting Standards Board (IPSASB) released two Exposure Drafts to address the lack of guidance on specific activities related to mineral resources: ED 86, Exploration for and Evaluation of Mineral Resources; and ED 87, Stripping costs in the Production Phase of a Surface Mine (Amendments to IPSAS 12). To ensure Canadian perspectives are considered, and future standards serve the Canadian public interest, we encourage you to respond to these Exposure Drafts if they are relevant to your entity or clients. Submit your comments directly to IPSASB by May 31, 2024.
PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Exposure Draft 84, Concessionary Leases and Right-of-Use Assets In-kind. Respond directly to IPSASB by May 17, 2023, to ensure Canadian-specific issues and perspectives related to concessionary leases and right-of-use assets in-kind are considered.