Public Sector Accounting Board Decision Summary March 16-17, 2017
This summary of decisions of the Public Sector Accounting Board (PSAB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects, which might change after further deliberations by PSAB. Decisions to publish exposure draft and Handbook material are final only after a formal ballot process. As reported by The Standard.
PSAB approved its 2017-2020 strategic plan.
PSAB approved its 2017-2018 work plan.
Standards for Public Sector Entities
Concepts Underlying Financial Performance
PSAB discussed a draft recognition and measurement chapter of a statement of principles and provided feedback to its task force.
PSAB received an update about the project and reviewed a project plan. PSAB discussed if the process can be streamlined and requested staff to provide options and related risks for its consideration for the June 2017 PSAB meeting.
Public Private Partnerships
PSAB discussed a draft statement of principles and provided feedback to its task force. PSAB plans to review a revised draft for approval in June 2017.
PSAB approved its 2016-2017 performance report.
PSAB received results of a stakeholder survey on PSAB’s performance.
Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes.
TheGAAP.net is best known for “Filling in the Gaps for Canadian Accountants”.
Follow us as we fill in the Gaps for:
- IFRS & other accounting regulatory changes
- updated Accounting information
- changes in Accounting
- trends in Accounting
- other accounting best practices, and any other business issues affecting Accountants and Business people
We will fill the Gap by providing updates, articles, books, online resources, workshops, seminars and webinars.
Visit also for your CPD needs:
TheGAAP.net is the provider of up to date accounting information, trends and changes, serving Accountants and Business people interested in Accounting for their businesses.
Thank you for making TheGAAP.net your source for keeping up to date on accounting.