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Chartered Accountants of Canada Public Sector Accounting Board - Conseil sur la comptabilité dans le secteur public

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PSAB News and Updates

 


PSAB January 28, 2010 Decision Summary
February 4, 2010. An executive summary of discussions and decisions with respect to projects addressed in this meeting.

First-time Adoption of Public Sector Accounting Standards by Government Organizations
January 6, 2010. PSAB has issued an Exposure Draft that proposes transitional guidance for government organizations adopting the CICA Public Sector Accounting Handbook for the first-time. Comments, on the form provided, are requested by March 25, 2010.

PSAB November 23-24, 2009 Decision Summary
December 15, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting.

Amendments Resulting from the Adoption of IFRSs in Canada
December 14, 2009. PSAB has issued an Exposure Draft that addresses its policy decision to not impose on government organizations additional requirements or limit choices within IFRSs. Comments, on the form provided, are requested by February 19, 2010.

Financial Instruments
December 8, 2009. The deadline for comments on the Exposure Draft has been extended from December 11, 2009 to January 15, 2010.

Foreign Currency Translation
December 8, 2009.  The deadline for comments on the Exposure Draft has been extended from December 11, 2009 to January 15, 2010.

Liability for Contaminated Sites
November 19, 2009. PSAB has issued an Exposure Draft that addresses the recognition, measurement and related disclosures for a liability for contaminated sites. Comments, on the form provided, are requested by January 29, 2010.

Liability for Contaminated Sites
November 19, 2009. PSAB has issued an Issues Analysis that provides commentary, prepared by staff, on issues raised by respondents to the Statement of Principles, the alternatives evaluated and reasons for the proposals in the Exposure Draft.

Not-for-Profit Organizations
November 18, 2009. The AcSB and PSAB have issued an update on the future financial reporting directions for NFPOs in Canada.

Foreign Currency Translation
October 29, 2009.  PSAB has issued an Exposure Draft (ED) that proposes amendments to Section PS 2600, Foreign Currency Translation, that are consistent with the proposals in the Financial Instruments ED.  Comments, on the form provided, are requested by December 11, 2009.

Public Sector Enterprises required to use IFRSs
October, 28, 2009. PSAB has approved an amendment to the scope of public sector accounting standards.

PSAB September 28-30, 2009 Decision Summary
October 14, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting.

Interested in Making a Presentation to the Accounting Standards Oversight Council on the Future of Financial Reporting by Not-for-Profit Organizations?
September 24, 2009. AcSOC is seeking input from interested stakeholders on the future of financial reporting by not-for-profit organizations.

Financial Instruments
September 18, 2009. A commentary providing supporting analysis to PSAB's Exposure Draft: Financial Instruments has been issued. This document, prepared by staff, will be useful to those seeking background information on key decisions, the alternatives PSAB evaluated and reasons the approach taken was judged to be superior.

Financial Instruments
September 17, 2009. PSAB has issued an Exposure Draft (ED). The ED addresses the recognition, measurement and related disclosures for derivative and non-derivative financial instruments. Comments are requested by December 11, 2009.

AcSOC Seeking New PSAB Members
September 16, 2009. The Accounting Standards Oversight Council is currently seeking new members to appoint to the Public Sector Accounting Board.

Entity Level Financial Statements
August 4, 2009. PSAB has issued a new Statement of Principles (SOP). The SOP is intended to apply to government entities that apply the PSA Handbook. Comments, on the form provided, are requested by September 28, 2009.

Weathervane Survey
August 4, 2009. PSAB is seeking stakeholder views on three areas of interest as it develops its Strategic Plan for the next three years. Completed Surveys are requested by September 8, 2009.

Stakeholder Survey on PSAB Performance
July 20, 2009. PSAB is seeking stakeholder input on its performance and areas for improvement as it develops its Strategic Plan for the next three years. Completed Surveys are requested by September 4, 2009.

Financial Reporting by Certain Government Organizations
July 3, 2009. PSAB has issued an Exposure Draft (ED) that proposes changes to the Introduction to Public Sector Accounting Standards. The ED is to apply to all levels of government. Comments, on the form provided, are requested by August 7, 2009.

PSAB June 15-16, 2009 Decision Summary
July 3, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting.

PSAB Seeking New Task Force Members
July 2, 2009. PSAB is currently seeking members to appoint to the Assets Task Force.

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