At their meeting on June 4, 2018, the PSA Discussion Group, at the request of the PSAB, discussed  two financial statement foundations proposed in Chapter 5 of the Statement of Concepts (namely ‘control’ and service capacity’), and provided input on their merits.

Review the detailed report on the PSAB's Web site.

At their meeting on June 4, 2018, the PSA Discussion Group, at the request of the PSAB, discussed in a public forum three questions relating to its Consultation Paper, Reviewing PSAB’s Approach to International Public Sector Accounting Standards. (i) Are the criteria for evaluating the international strategy options proposed in the Consultation Paper the right criteria? Are there additional criteria that should be used? (ii) Should any evaluation criteria carry more weight than others? And (iii) Have the business cases for the options been articulated clearly, and are the distinctions between the options clear?

Review the detailed report on the PSAB's Web site.

At their meeting on June 4, 2018, the PSA Discussion Group, at the request of the PSAB, discussed the following issue: The relocation of net debt indicator from the Statement of Financial Position to its own statement and the removal of the requirement to prepare a Statement of Change in Net Debt.

Review the detailed report on the PSAB's Web site.