PSAB Releases Significant Documents for Comment – Have Your Say!
PSAB needs your input on a proposed new GNFP strategy and once-in-a-generation changes to public sector concepts and reporting model standards.
On January 11, 2021, the Public Sector Accounting Board (PSAB) released a series of documents for comment, including:
Each Exposure Draft includes a Basis for Conclusions to explain PSAB’s reasoning for the proposals.
Further supporting materials, available at the links above, will help you navigate each document for comment.
You can also visit the project pages for Concepts Underlying Financial Performance and GNFP Strategy for additional information.
What do you think?
By reading and responding to these documents for comment, you can make your opinions heard. Please respond by May 12, 2021.
Visit our new online community platform, Connect.FRASCanada.ca, to quickly and easily respond or ask further questions.