In developing its 2017-2021 Strategic Plan, the Public Sector Accounting Board (PSAB) heard from its stakeholders that its government not-for-profit (GNFP) strategy required reassessment.
Over the 2017-2021 period, the Board intends to:
- understand the fiscal and the regulatory environment in which GNFPOs operate;
- understand the financial reporting needs and concerns of the GNFP stakeholders;
- publish a consultation paper designed to seek input on key areas that will inform the board in developing the GNFP strategy; and
- develop a GNFP strategy.