This feedback will help the Board to evaluate if the standard meets its objectives and assess the nature and extent of the implementation challenges.

 Section PS 3430 came into effect beginning on or after April 1, 2018, and based on PSAB’s Due Process Manual, and there is a two-year period before the Board decides if a post-implementation review (PIR) is needed.

PSAB assesses the need for a PIR on a case-by-case basis to determine the appropriate number of years before beginning a review and decides at its discretion.

The deadline for the feedback is May 24, 2024.

Access the news on the PSAB’s website.

This Annual Plan provides staff resources to manage and coordinate meetings for the Indigenous Advisory Group and the Technical Advisory Group throughout the year, thereby advancing PSAB’s Indigenous Engagement Strategy and International Strategy. Additionally, the 2024-2025 Annual Plan includes significant staff investment toward developing PSAB’s exposure draft on Intangible Assets and the approval or re-exposure of the Exposure Draft, “Employee Benefits, Proposed Section 3251.”

As a part of PSAB’s Government Not-For-Profit Strategy, the Annual Plan includes the completion of the Capital Assets technical project and the initiation of the Contributions technical project. Based upon feedback to the Future Work Plan Consultation, PSAB also intends to initiate a technical project to update Statement of Recommended Practice (SORP) 1, Financial Statement Discussion & Analysis.

Access the annual plan on the PSAB’s website.

Access the updated alignment dashboard prepared for the March 2024 IPSASB meeting on the IPSASB website.