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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. 

The AcSB has issued the 2021 annual improvements to accounting standards for private enterprises and accounting standards for not-for-profit organizations. These amendments are effective for fiscal years beginning on or after January 1, 2022 with earlier application permitted.

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.

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.