Public Sector Accounting Standards

Statement of Principles, A Revised Reporting Model for the Canadian Public Sector

Summary

This Statement of Principles should be read after the Statement of Concepts, “A Revised Conceptual Framework for the Canadian Public Sector,” as the Statement of Concepts sets the foundation for the revised reporting model in this Statement of Principles.

The Public Sector Accounting Board (PSAB) proposes, subject to comments received on this Statement of Principles, and following its due process, to expose a proposed revised Section on financial statement presentation. The proposed revised Section would replace FINANCIAL STATEMENT PRESENTATION, Section PS 1201.

Staff Contact(s)

Michael Puskaric, MBA, CPA, CMA

Director, Public Sector Accounting Board