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Public Sector Accounting Standards Update Session

Public Sector Accounting Standards Update Session

Public Sector Accounting Standards update for public sector entities.


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Is your organization prepared for the upcoming changes to Public Sector Accounting Standards (“PSAS”)?

Are you ready to disclose related party transactions in accordance with PS2200? Do you know how PS3210 will change your organization’s definition of an asset?

PSAS changes are here and will impact all public sector entities. Ongoing PSAB projects to develop accounting standards for revenues, asset retirement obligations, and public private partnerships will significantly influence public sector reporting for many years to come. 

Do you have questions? Contact Steve or Felicia should you need deeper insight in how PSAS changes will impact your organisation.


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KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.


The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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