This course is being offered to:

• Improve general awareness of the changes to the PSA Handbook allowing participants to better position themselves to plan for the changes and to advise others.
• Provide real life examples and scenarios that will allow participants to engage in meaningful discussions to help clarify concepts with the assistance of others. 

Learning Objectives 

By the end of this course, participants should be able to:

• Provide participants with an overview of the new and pending PSAS sections with an understanding of how such standards relate to existing PSA Handbook sections.
• Create awareness surrounding the current PSAB projects so participants can decide what projects they may want to provide stakeholder feedback on to the PSAB and staff.
• Walkthrough examples and exercises with the participants so the material can be used as a future resource when applying the standards in practice.
• Make participants aware of emerging issues in public sector accounting and reporting, so that they can understand the impact to them, and provide feedback to PSAB on areas of interest.

Content 

Topics include:

• Overview of Upcoming Standards
  • The new Conceptual Framework
  • PS 1202 – Financial Statement Presentation
  • Employee benefits
• Update on current projects underway:
  • Government not-for-profit strategy
  • Intangibles  and Cloud Computing Costs
• Overview of recently implemented standards:
  • PS 3280 – Asset Retirement Obligations
  • PS 3160 – Public Private Partnership
  • PS 3400 – Revenue
• Other upcoming plans and emerging issues
  • PSAB’s 5-year plan, and current workplan
  • Potential PSA projects & emerging public sector issues including sustainability reporting
  • Summary of recent PSADG meetings since 2024

Prerequisites – Knowledge, Experience or Courses 

• PSAS – Review of the Standards, or
• General working knowledge of existing PSA standards

Applicable For 
Professionals working in or serving local governments, senior governments, crown corporations and agencies, first nations or other public sector entities or auditors of these entities 

What to Expect

•  Two emails will be sent from CPA Manitoba following your registration: one to confirm your order and one including information on how to access the course through your Learning Hub.
• Once sent, these emails can also be found in the Communication tab of your CPA Manitoba Member Portal.
• Course materials, links and credentials can be found in your Learning Hub no less than two business days prior to the seminar.
• This is a Live Virtual seminar where class size has been limited to allow for an interactive learning environment.
• This seminar will not be recorded.
• Live webinars have varying levels of expected interaction, with many requiring webcam and microphone capabilities. 
  
  If you have concerns about the interaction required for this course or any other questions about this course, please email [email protected].  
  
  CPA Manitoba PD Terms and Conditions: https://cpamb.ca/pd/pd/Terms-and-Conditions.aspx
  For questions regarding this course, including registration and access, email [email protected].