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.

• Professionals working in or serving local governments, senior governments, crown corporations and agencies. 
• Practitioners and auditors serving First Nations or other public sector entities. 
• Finance leaders and reporting teams responsible for PSAS implementation and policy updates. 

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

• Describe new and pending PSAS sections and explain how they relate to existing PSA Handbook guidance. 
• Identify current PSAB projects and determine where stakeholder feedback may be most impactful. 
• Apply concepts through examples and exercises to support implementation planning. 
• Recognize emerging issues in public sector accounting and consider potential implications for their organizations.  

Topics include: 

• Overview of upcoming standards. 
• New Conceptual Framework. 
• PS 1202 – Financial Statement Presentation. 
• Employee benefits (current developments). 
• Intangibles and cloud computing arrangements. 
• Government not-for-profit strategy. 
• Recently implemented standards: PS 3280 Asset Retirement Obligations; PS 3160 Public-Private Partnerships; PS 3400 Revenue. 
• PSAB plans and workplan; emerging public sector issues (including sustainability reporting). 
• PSA Discussion Group highlights.  

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.