Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
As the Public Sector Accounting (PSA) Handbook continues to evolve at a rapid pace, users of public sector accounting standards may find it difficult to keep up. This course provides a review of sections in the PSA Handbook that have recently been implemented or will soon come into effect. Furthermore, this seminar examines pending sections along with ongoing key projects and activities of the PSA Board. Finally, there is a look at emerging issues in public sector accounting and potential future projects. In order to relate the course to real life, the session will provide background information and examples to assist participants understand these changes.
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.
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
NOTE: This course description has been revised and reflects updates for 2025. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
By the end of this course, participants will 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.
Who Will Benefit
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.
Prerequisite(s)
- PSAS: Review of the Standards, or
- General working knowledge of existing PSA standards.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Joline Moore, CPA, CA has over 7 years of accounting experience with public sector and private companies. She is currently the Financial Policy Manager at Metrolinx, which involves researching public sector accounting standards, creating accounting policies and rolling out training. Previously, she was in the audit practice at Deloitte LLP, where she worked with clients in a variety of industries (manufacturing, technology, and public sector), and a breadth of financial reporting frameworks such as PSAS, IFRS, ASPE, ASNPO.