Public Sector Accounting Standards (PSAS)

PSAS Knowledge Centre

Collected here are useful resources to help increase your understanding of the accounting required under the Public Sector Accounting Standards in the CPA Canada Handbook (PSAS).

Annual updates and essential guides

Public Sector Accounting Standards (PSAS) Update 2025

Public Sector Accounting Standards (PSAS) Update 2024

COVID-19: Financial Reporting - Public Sector

Public Private Partnerships (P3s): A Practical Approach to Section PS 3160

Asset Retirement Obligations (ARO): A Practical Approach to Section PS 3280

Contaminated Sites: A Practical Approach to Section PS 3260

Revenue: A Practical Approach to Section PS 3400

A Guide to Accounting for Financial Instruments in the Public Sector

PSAS at a glance by standard

These publications have been compiled to provide you with a high-level overview of Public Sector Account Standards (PSAS) included in the CPA Canada Public Sector Accounting Handbook.

Introduction to Public Sector Accounting Standards

Introduction to Accounting Standards that Apply only to Government Not-for-Profit Organizations (the PS 4200 Series)

PSG-8 - Purchased Intangibles

Consolidation

Contributions

Leased Tangible Capital Assets & Sale-leaseback Transactions

Retirement Benefits, Post-employment Benefits, Compensated Absences & Termination Benefits

Section PS 1201 - Financial Statement Presentation

Section PS 1202 - Financial Statement Presentation

Effective for fiscal years beginning on or after April 1, 2026.

Section PS 1300 - Government Reporting Entity

Section PS 2120 - Accounting Changes