News Listings

The response deadlines of five key documents for comment related to the PSAB’s proposed new Conceptual Framework, Reporting Model, and Government Not-for-Profit Strategy have been extended to June 30, 2021. We encourage stakeholders to use this additional time to share feedback and help shape the future of public sector accounting standards for years to come!

This Annual Plan sets out the Board’s key activities and project milestones in 2021-2022, helping to achieve the objectives in the last year of its strategic plan. Read the plan for full details.

Need help evaluating a government business enterprise's financial self-sufficiency or viability during the COVID-19 pandemic? PSAB’s new how-to guidance offers insights into how you can do so.

PSAB’s new standard on Public Private Partnerships was issued in April 2021. Read our plain and simple overview of this new standard, which addresses the accounting and reporting of infrastructure procured through public private partnership arrangements.

Learn more about key proposals in PSAB’s Exposure Draft “Financial Statement Presentation, Proposed Section PS 1202.” Watch the recorded English or French webinar. Comments on this Consultation Paper are due June 30, 2021.

Learn more about key proposals in PSAB’s Exposure Draft “The Conceptual Framework for Financial Reporting in the Public Sector.” Watch the recorded English or French webinar. Comments on this Consultation Paper are due June 30, 2021.

This international summary comparison document provides an overview of the differences between the two conceptual frameworks. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Conceptual Framework for Financial Reporting in the Canadian Public Sector” is June 30, 2021.

This international summary comparison document provides an overview of the differences between the two reporting models. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202” is June 30, 2021. 

At its recent meeting, the Board discussed the 2022+ Strategic Plan, the PSA Discussion Group, and other matters. Read the Decision Summary for full details.

At its recent meeting, the Board discussed the Employee Benefits project and the approval of the related exposure draft. Read the Decision Summary for full details.