Public Sector Accounting Standards

Exposure Draft, 2018-2019 Annual Improvements to Public Sector Accounting Standards


The Public Sector Accounting Board (PSAB) proposes, subject to comments received following exposure, to amend the CPA Canada Public Sector Accounting (PSA) Handbook and Statements of Recommended Practices (other guidance) as set out in this Exposure Draft.

The 2018-2019 Annual Improvements reflect the following four main categories of improvements:

  • Removal of due process procedures from the PSA Handbook and other guidance.
  • Amendments to correct inconsistencies relating to the introduction of the government-component category.
  • Various amendments to GOVERNMENT PARTNERSHIPS, Section PS 3060.
  • Other amendments to other inconsistencies or areas requiring clarification.

Staff Contact(s)

Michael Puskaric, MBA, CPA, CMA

Director, Public Sector Accounting Board


PSAB approved its annual improvements process in June 2018 to correct errors in the wording or clarify the CPA Canada Public Sector Accounting (PSA) Handbook or Statements of Recommended Practices (other guidance).

This first annual improvements cycle will address issues gathered by PSAB over the course of a number of years and serves as a starting point for these projects, going forward.

PSAB is also accepting submissions of issues for its annual improvements projects year-round, with June 30, 2019 being the deadline for submissions to be considered in the 2019-2020 Annual Improvements project.