Skip to main content

Public Sector Accounting Standards

Narrow Scope Amendment: GAAP Designation of PSA Handbook Appendices

Summary

PSAB is proposing to assign a higher level of authority under GAAP to four application guidance Public Sector Accounting (PSA) Handbook Appendices.

  1. Appendix A to Section PS 3400, Revenue;
  2. Appendix B to Section PS 3410, Government Transfers;
  3. Appendix A to Section PS 3450, Financial Instruments; and
  4. Appendix A to Section PS 4270, Disclosure of Allocated Expenses by Not-for-Profit Organizations.

Staff Contact(s)

Martha Jones Denning, CPA, CA Associate Director, Public Sector Accounting Board

Project Status

  • Information gathering

    Completed through responses to the 2022-23 Annual Improvements Exposure Draft

  • Approving project

    Approved at same time as Exposure Draft in December 2023

  • Engaging Communities

    PSAB issued its Exposure Draft, “Narrow Scope Amendment: GAAP Designation of PSA Handbook Appendices”, in February 2024

  • Deliberating feedback

    PSAB is currently deliberating feedback on the Exposure Draft

  • Final pronouncement

News


February 8, 2024

Document for Comment

Exposure Draft Issued: PSAB Proposes to Assign Higher Authority to Four Application Guidance Appendices

In its narrow-scope amendment Exposure Draft, GAAP Designation of PSA Handbook Appendices, PSAB proposes to assign a higher level of authority under GAAP to four application guidance PSA Handbook Appendices. Tell us if you agree with the amendments and submit your feedback by April 11, 2024.

Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal voting process.