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GAAP Comparison for Government Organizations
April 1, 2010. A Summary Comparison of the CICA Public Sector Accounting (PSA) Handbook to the CICA Handbook – Accounting has been issued to help government organizations in their transition to the PSA Handbook. Tax Revenue
March 31, 2010. A Basis for Conclusions regarding new Section PS 3510 has been issued. First-time Adoption of Public Sector Accounting Standards by Government Organizations
March 19, 2010. The deadline for comments on the Exposure Draft has been extended from March 25, 2010 to April 16, 2010. New Appointments to AcSOC, AcSB, PSAB
March 16, 2010. New appointments to the AcSOC have been announced, and the AcSOC has appointed new members to the AcSB and PSAB. Financial Reporting by Government Not-for-Profit Organizations
March 3, 2010. PSAB has issued an Exposure Draft that proposes to incorporate into the CICA Public Sector Accounting Handbook, Sections 4400 to 4470 from the CICA Handbook – Accounting. Comments, on the form provided, are requested by July 15, 2010. 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. Liability for Remediation and Mitigation of Contaminated Sites
May 28, 2009. The deadline for comments on this Statement of Principles, using the form provided, has been extended from May 29, 2009 to June 15, 2009. Government Transfers
April 22, 2009. The PSAB has issued a second Re-Exposure Draft (Re-ED) that proposes significant changes from the 2007 Re-ED. The Re-ED is intended to apply to all levels of government. Comments, on the form provided, are requested by September 15, 2009. Tax Revenue
April 20, 2009. The PSAB has issued a Re-Exposure Draft (Re-ED). The Re-ED is intended to apply to all levels of government. Comments, on the form provided, are requested by June 30, 2009. Liability for Remediation and Mitigation of Contaminated Sites
April 3, 2009. The PSAB has issued a new Statement of Principles (SOP). The SOP is intended to apply to governments and government organizations. Comments, on the form provided, are requested by May 29, 2009. Financial Reporting by Not-for-Profit Organizations — Stakeholder Input
April 1, 2009. The AcSB and the PSAB are seeking input from interested stakeholders on the future of financial reporting standards for not-for-profit organizations. PSAB Seeking New Task Force Members
March 31, 2009. The PSAB is currently seeking members to appoint to the Amalgamations and Government Restructuring Task Force. Financial Reporting by Not-for-Profit Organizations
March 27, 2009. A presentation to assist in understanding the Invitation to Comment, "Financial Reporting by Not-for-Profit Organizations," has been posted. PSAB March 9-10, 2009 Decision Summary
March 18, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Financial Reporting by Government Organizations
February 24, 2009. The PSAB has issued an Invitation to Comment on the application of International Financial Reporting Standards by some government organizations. Comments are requested by April 17, 2009. PSAB February 9, 2009 Decision Summary
February 13, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting. PSAB January 23, 2009 Decision Summary
February 5, 2009. An executive summary of discussions and decisions with respect to projects addressed in this meeting. PSAB Project Priority Survey
January 13, 2009. The PSAB is seeking stakeholder views on prioritizing potential project topics as it prepares its 2009-2010 Work Plan. Completed Surveys are requested by February 9, 2009. IPSASB Conceptual Framework
January 8, 2009. The International Public Sector Accounting Board (IPSASB) has issued a Consultation Paper on Phase 1 of its Conceptual Framework project. It is important that Canadian public sector stakeholders provide their views to IPSASB on these proposals. Comments are requested by March 31, 2009. Financial Reporting by Not-for-Profit Organizations
December 23, 2008. The Accounting Standards Board and Public Sector Accounting Board have jointly issued an Invitation to Comment to invite feedback on the future of financial reporting by not-for-profit organizations. Comments are requested by June 30, 2009. Chair’s Message on Adopting IFRSs
December 8, 2008. The Chair of the PSAB has issued a statement updating stakeholders on key aspects of the adoption of the International Financial Reporting Standards (IFRSs) to certain government organizations. PSAB November 17-18, 2008 Decision Summary
November 28, 2008. An executive summary of discussions and decisions with respect to projects addressed in this meeting. New Appointments to AcSOC, AcSB, PSAB
November 20, 2008. New appointments to the AcSOC have been announced, and the AcSOC has appointed new members to the AcSB and PSAB. PSAB Seeks Input for New Projects
September 29, 2008. The PSAB is seeking stakeholder views on potential project topics as it prepares its 2009-2010 Work Plan. Comments are requested by October 17, 2008. PSAB September 18-19, 2008 Decision Summary
September 26, 2008. An executive summary of discussions and decisions with respect to projects addressed in this meeting. AcSOC 2007-2008 Annual Report
September 25, 2008. The Accounting Standards Oversight Council has issued its 2007-2008 Annual Report, which includes reports on the Accounting Standards Board's and Public Sector Accounting Board's activities and performance during the year. AcSOC Seeking New PSAB Members
September 12, 2008. The Accounting Standards Oversight Council is currently seeking new members to appoint to the Public Sector Accounting Board. Indicators of Financial Condition
September 4, 2008. The PSAB has issued a draft of a new Statement of Recommended Practice (SORP). The SORP is intended to apply to all governments and government organizations. Comments are requested by October 24, 2008. JWG Report on Meetings, July 2008
July 9, 2008. An executive summary of the activities to date of the Joint Working Group (JWG) between PSAB and the Deputy Ministers of Finance. Financial Reporting by First Nations
July 4, 2008. This Report recommends that First Nations adopt full accrual accounting and the reporting model for governments as prescribed by PSAB. The Report is also available on the Aboriginal Financial Officers Association of Canada website (www.afoa.ca). PSAB June 5-6, 2008 Decision Summary
June 18, 2008. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Assessment of Tangible Capital Assets
May 16, 2008. The PSAB has issued a draft of a new Statement of Recommended Practice (SORP), “Assessment of Tangible Capital Assets.” The SORP is intended to apply to all governments and government organizations. Comments are requested by July 31, 2008. New Appointments to AcSOC, AcSB, PSAB
April 17, 2008. New appointments to the AcSOC have been announced, and the AcSOC has appointed new members to the AcSB and PSAB. PSAB March 17-18, 2008 Decision Summary
March 26, 2008. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Service Concession Arrangements
March 20, 2008. The International Public Sector Accounting Board (IPSASB) has issued a Consultation Paper “Accounting and Financial Reporting for Service Concession Arrangements” that explores accounting and financial reporting issues for a subset of public-private partnerships from the perspective of the grantor (typically a public sector entity). IPSASB has requested comments by August 1, 2008. Introduction to Statements of Recommended Practice
March 11, 2008. The PSAB has issued an Exposure Draft proposing amendments to this Introduction. The proposed changes are intended to clarify the purpose and change the scope of SORPs. Comments are requested by April 16, 2008. Tax Revenue
March 11, 2008. The deadline for comments on this Exposure Draft has been extended from March 14, 2008 to April 15, 2008. JWG Report on Meetings, February 2008
February 20, 2008. An executive summary of the activities to date of the Joint Working Group (JWG) between PSAB and the Deputy Ministers of Finance. AcSOC Meeting: February 7-8, 2008
January 28, 2008. The Accounting Standards Oversight Council to discuss date for changeover to IFRSs for publicly accountable enterprises. Tax Revenue
January 21, 2008. The PSAB has issued an Exposure Draft of proposed Section PS 3510, Tax Revenue. The Section is intended to apply to governments. Comments are requested by March 14, 2008. |