This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

PSAB – 2018 – 2019 Annual Improvements Project [ED]

Comment period ends on April 18, 2019

Proposed effective date:

PSAB expects to issue the final amendments in the third quarter of 2019. The amendments will be effective for years beginning on or after April 1, 2020. Earlier application is permitted. The Board intends that the amendments be applied retrospectively given that annual improvements are not expected to affect practice.

Next steps:

The PSAB will deliberate responses in June 2019.

Last up­dated:

January 2019



In June 2018, the PSAB approved its new annual improvements process to correct errors in the wording or clarify the CPA Canada Public Sector Accounting (PSA) Handbook or Statements of Recommended Practices (other guidance). 

This first annual improvements cycle will address issues gathered by the PSAB over the course of a number of years and will serve as a starting point for these projects, going forward.

The 2018-2019 Annual Improvements reflect the following four main categories of improvements:

  • Removal of due process procedures from the PSA Handbook and other guidance.
  • Amendments to correct inconsistencies relating to the introduction of the government-component category.
  • Various amendments to Section PS 3060, Government Partnerships
  • Other amendments to other inconsistencies or areas requiring clarification.


Other de­vel­op­ments

January 2019

On January 18, 2019, the PSAB released an exposure draft that proposes, subject to comments received following exposure, to amend the CPA Canada Public Sector Accounting (PSA) Handbook and Statements of Recommended Practices (other guidance). Comments are requested by April 18, 2019.

November 2018

In November, 2018, the staff of the PSAB up­dated the in­for­ma­tion in re­spect of this pro­ject to ad­vise that the PSAB ex­pects to is­sue an Ex­po­sure Draft in January, 2019.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.