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Call for Applications: Standardsco Chair and Board of Directors

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Standardsco, a newly established federal not-for-profit corporation, will be formed in response to the recommendations of the Independent Review Committee on Standard Setting in Canada. The Standardsco Search Committee is currently seeking qualified individuals to join our Inaugural Board of Directors, including the pivotal role of Chair. In partnership with the leadership advisory firm Odgers Berndtson, the Standardsco Search Committee encourages interested candidates to apply promptly.

Apply now

Virtual Roundtable Discussions – IPSASB Exposure Drafts – Tangible Natural Resources and Climate-related Disclosures

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Register for our virtual roundtables on IPSASB’s recent Exposure Drafts on Tangible Natural Resources and Climate-related Disclosures on November 27 and December 2, 2024. Share your feedback and help shape the future of public sector accounting and reporting in Canada.

Register

 
 
Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2

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The CSSB's Feedback Statement summarizes the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Stay tuned for a separate report based on Indigenous participation and feedback related to Indigenous matters.

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News Listings

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October 6, 2023

Document for Comment

AcSB Exposure Draft – Annual Improvements to IFRS® Accounting Standards – Volume 11

The AcSB issued its Exposure Draft which corresponds to the IASB’s Exposure Draft on this topic. If you would like your feedback considered prior to our Board finalizing our comment letter, please respond by November 27, 2023.

October 5, 2023

News

Survey: AASB Exposure Draft, “CSSA 5000, General Requirements for Sustainability Assurance Engagements”

The AASB is seeking input on the CSSA 5000 Exposure Draft from all interested and affected parties, especially those who perform assurance engagements over sustainability information, preparers of sustainability disclosures, and other users of the assurance report. Respond to our short surveys today!

October 5, 2023

Resource

In Brief – A plain and simple overview of the Conceptual Framework for Financial Reporting in the Public Sector: then and now

Read our In Brief, added to the resources, for an outline of the main concepts in the Conceptual Framework, what has changed, and how these amendments affect the user. PSAB’s new Conceptual Framework is effective for fiscal years beginning on or after April 1, 2026, and we have resources to help you prepare!

October 3, 2023

News

IFRS® Accounting Standards Discussion Group – Request for Issues

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by October 20, 2023, for consideration as a discussion topic at our December 12, 2023, meeting.

October 3, 2023

News, Resource

PSAB's new Reporting Model Issued

PSAB’s new Reporting Model is now available in the PSA Handbook. A significant milestone for financial reporting in the Canadian public sector, this new Reporting Model will help increase the accountability value and understandability of public sector entities’ financial statements for users.

September 28-29, 2023

Meeting Summary

PSAB Decision Summary – September 28-29, 2023

The Board discussed updates related to the Director’s Report, the Due Process Review, Employee Benefits, Intangible Assets, Government Not-for-Profit, and more. Read the Decision Summary for full details.

September 28, 2023

Meeting Summary

AASOC Meeting Minutes – September 28, 2023

Auditing and Assurance Standards Oversight Council met on September 28, 2023, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.

September 25-28, 2023

Resource, Webinar

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September 21, 2023

Document for Comment, News

AASB Exposure Draft, “CSSA 5000, General Requirements for Sustainability Assurance Engagements”

The AASB is seeking Canadian input on its new Exposure Draft, “Proposed CSSA 5000, General Requirements for Sustainability Assurance Engagements.” Submit your general questions and comments on the Exposure Draft by November 6, 2023, and your feedback on the Canadian amendment and potential additional Canadian amendments by December 31, 2023. Read the Exposure Draft to learn more.

September 20-21, 2023

Meeting Summary, Webpage

AcSB Decision Summary – September 20-21, 2023

The AcSB discussed the Post-implementation Reviews of IFRS 9 and 15, Scaling the Standards, Contributions, Insurance Contracts with Cash Surrender Value, Reporting Controlled and Related Entities, Pension Plans, and more. Read the Decision Summary for full details, including how interested and affected parties can provide feedback on our initiatives.