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AASB Virtual Roundtable – Exposure Draft, “Proposed Revisions to the Canadian Auditing Standards for Audit Evidence and Risk Response”

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Are the proposed changes practical and effective? Join an upcoming AASB roundtable to discuss the Exposure Draft, Proposed Revisions to the Canadian Auditing Standards (CASs) for Audit Evidence and Risk Response. Your feedback on the proposed changes to CAS 330, CAS 500, and CAS 520 will help inform standards that work for Canadians. Register for the English session on October 7, 2026, or the French session on October 13, 2026.

 
AcSB Virtual Roundtable – Consultation Paper, “Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations”

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How should not-for-profit organizations report their relationships with controlled and related entities? Join the AcSB for a virtual roundtable discussion on its Consultation Paper, Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations. Gain insight into the proposed changes, discuss potential impacts on not-for-profit organizations, and share your perspective directly with the Board. Participate in the French session on October 28, 2026, or the English session on October 29, 2026.

 
 
 
 
PSAB Survey: 2027-2032 Draft Strategic Plan

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The future of public sector financial reporting starts with your input. Review PSAB's Draft Strategic Plan and share your views on proposed strategies to advance high-quality accounting standards, strengthen relationships with interested and affected parties and standard setters, and support forward-looking reporting. Complete our survey by October 15, 2026.

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January 13, 2021

News

Blockchain and Cryptoassets – Insights from Practice

Linda Mezon, AcSB Chair, and Ken Charbonneau, AASB Chair, and other leaders from Canadian practice share their insights, on how they are getting involved to support business and protect the public interest in a blockchain enabled world. These leaders share the challenges and opportunities they see, and the role accountants can play, including how educators and researchers can help.  Read their insights in the CAAA’s journal Accounting Perspectives’ special issue on Blockchain and Cryptoassets, Vol.19, Issue 4. 

January 11, 2021

Document for Comment

Exposure Draft – The Conceptual Framework for Financial Reporting in the Public Sector

PSAB is proposing a revised conceptual framework – the foundation for establishing public sector accounting standards for years to come. Read the Exposure Draft and Basis for Conclusions. Share your feedback on the proposals by May 12, 2021 via comment letter or participating in our survey on Connect.FRASCanada.ca.

January 11, 2021

Document for Comment

Exposure Draft – Consequential Amendments Arising from the Financial Statement Presentation Standard, Proposed Section PS 1202

PSAB is proposing consequential amendments to the PSA Handbook to be consistent with the proposals for a revised reporting model in Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202.” Share your feedback on the proposed consequential amendments by May 12, 2021 via comment letter or participating in our survey on Connect.FRASCanada.ca.

January 11, 2021

Document for Comment

Government Not-for-Profit Strategy Consultation Paper II

PSAB’s issued its Government Not-for-Profit Strategy Consultation Paper II to seek input on its recommended GNFP Strategy. This paper also informs readers of the feedback received to the first Consultation Paper, describes the options considered for a GNFP Strategy, and the decision-making criteria used to evaluate the options. Share your feedback on the GNFP Strategy Consultation Paper II by May 12, 2021 via a comment letter or by taking part in our quick poll and open forum on Connect.FRASCanada.ca.

January 11, 2021

Document for Comment

Exposure Draft – Consequential Amendments Arising from the Proposed Conceptual Framework

PSAB is proposing consequential amendments to the PSA Handbook to be consistent with the proposals for a revised conceptual framework in Exposure Draft, “The Conceptual Framework for Financial Reporting in the Public Sector.” Share your feedback on the proposed consequential amendments by May 12, 2021 via comment letter or participating in our survey on Connect.FRASCanada.ca.

January 11, 2021

Document for Comment

Exposure Draft – Financial Statement Presentation, Proposed Section PS 1202

PSAB is proposing a revised reporting model,  building on the existing reporting model in Section PS 1201.  Read the Exposure Draft and Basis for Conclusions for full details.  Share your feedback on the proposed reporting model by May 12, 2021 via comment letter or participating in our survey on Connect.FRASCanada.ca.

January 11, 2021

Resource, Other

Visual – Exposure Draft, “The Conceptual Framework for Financial Reporting in the Canadian Public Sector”

The revised conceptual framework will be the foundation for establishing public sector accounting standards for years to come. This visual outlines the main concepts proposed for a revised conceptual framework in an easy-to-understand way – supporting your understanding of our proposals. Please note: The comment deadline for PSAB’s Exposure Draft, “Conceptual Framework for Financial Reporting in the Canadian Public Sector” is June 30, 2021.

January 11, 2021

Resource, Other

Visual – Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202”

Use this visual while reviewing PSAB’s proposals for a revised reporting model to support your understanding of the proposals and to better understand how the various statements are interconnected. Please note: The comment deadline for PSAB’s Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202” is June 30, 2021. 

January 11, 2021

Resource, In Brief

In Brief – Exposure Draft, “The Conceptual Framework for Financial Reporting in the Canadian Public Sector”

A plain and simple overview of the key proposals in the Exposure Draft, “The Conceptual Framework for Financial Reporting in the Canadian Public Sector,” including proposed changes addressing key stakeholder concerns from the last round of consultations. Please note: The comment deadline for this Exposure Draft was extended to June 30, 2021.

January 11, 2021

Resource, In Brief

In Brief – Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202”

A plain and simple overview of the key proposals in the Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202,” including proposed changes addressing key stakeholder concerns from the last round of consultations. Please note: The comment deadline for this Exposure Draft was extended to June 30, 2021.