PSAS - Update

Note: The Live Virtual courses offered on November 19, and December 15 is presented in collaboration with CPA Western Provinces. The content is applicable to all participants. If you have questions regarding these courses, please contact pdregistration@cpaalberta.ca. 

Overview:

You will receive a concise update on new and pending sections of the PSA Handbook and their relationship to existing standards. You will also examine current PSAB projects and emerging public sector issues through examples that support practical application.

Course Content:

In this course, you will gain knowledge about the following topics: 

• Overview of upcoming standards.
• New Conceptual Framework.
• PS 1202 - Financial Statement Presentation.
• PS 3251 - Employee Benefits.
• Proposed PS 3155 - Intangible Assets and cloud computing arrangements guidelines project.
• Government not‑for‑profit strategy.
• PS 3280 - Asset Retirement Obligations ongoing application considerations;
• PSAB plans and workplan; emerging public sector issues (including sustainability reporting).
• PSA Discussion Group highlights.
  

Learning Objectives:

Upon completing this course, you 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.
  

Who Will Benefit: 

• 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.