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 89, “Amendments to Consider IFRIC Interpretations.” Respond directly to IPSASB by June 17, 2024, to ensure Canadian-specific issues and perspectives related to the proposed amendments 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 Consultation Paper, Natural Resources.
Respond directly to IPSASB by October 17, 2022, to ensure Canadian-specific issues and perspectives are considered related to developing guidance on the recognition, measurement, presentation, and disclosure of natural resources in the public sector.
Stay tuned for PSAB’s roundtable discussions on this topic, which will bring Canadians together to help inform the Board’s own response to IPSASB.