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Beyond the guidance the IPSASB has developed, the urgency surrounding sustainability reporting in the public sector, evidenced by the growing demands from all levels of stakeholders, has led the IPSASB to develop a Consultation Paper (CP) that considers approaches to, and growing support for, developing public sector sustainability standards.
In November, 2021, a new International Sustainability Standards Board (ISSB) was announced to set standards for sustainability reporting. Also, the Independent Review Committee on Standard Setting in Canada is working to review the governance and structure for existing Canadian accounting, auditing, and assurance standards and to identify what might be needed for the future, specifically sustainability standards. The IPSASB CP will be an important step in the development of public sector sustainability standards.
PSAB’s Public Sector Account Discussion Group will be hosting its upcoming meeting on May 12th with the IPSASB Consultation Paper on the Agenda. Having this topic on agenda allows Discussion Group members to share insights and considerations on the IPSASB CP from a Canadian perspective.
In addition, two other topics will be discussed at the PSA DG on May 12:
- Recording of development charges and receivables in municipal financial statements; and
- Climate-related Issues: Considerations under Public Sector Generally Accepted Accounting Principles (GAAP) and Statements of Recommended Practice (SORPs)
The meeting will be accessible via livestream in English and through simultaneous translation in French. Registration to join the meeting as an observer can be completed at the link here.
Unable to join us on May 12th due to other commitments? We have you covered – meetings are recorded and accessible to registrants for a period of 8 weeks following the meeting date. In addition, registrants will have access to observer notes which provide details on the topics on the agenda for discussion.
For information on our past meeting discussions, read our meeting reports.
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November 15 – 18, 2022
MARK YOUR CALENDARS!
Registration opens soon…
We are delighted to announce that our annual national conference, “Value Beyond Numbers” will be held November 15th – 18th.
This will be a Virtual Conference and you may be surprised by that. Our decision is based on:
- Recognition that there are municipalities who are restricting staff travel for the balance of 2022
- Some individuals are expressing continued concern over covid
- This offers an opportunity for more members from across Canada to attend
- We are utilizing a new dynamic platform that both delegates and sponsors/exhibitors will enjoy
So mark your calendars and stay tuned for Keynote & Speaker details!
Registration will open soon.
CAGFO, the 2022 Virtual Conference of Choice.
]]>Attend the conference to improve your skills–including both technical and leadership competencies. GFOA’s Annual Conference features can’t-miss sessions that cover the latest developments in state and local government finance.
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e Membership Award is a way of honouring people who have made a great contribution to CAGFO.
Sam Weller is the recipient of the 2021 CAGFO Lifetime Achievement Award. Sam has contributed over 50 years to local government finance through the various roles he’s held with municipalities, consulting and teaching. He is a founder of CAGFO, formally known as GFOA Western Canada, and has been instrumental in growing the organization and membership to the successful association it is today. Sam continues to serve as an advisor to the CAGFO Board and his knowledge, generosity and commitment to the association is remarkable. CAGFO is honoured to present the Lifetime Membership Award to Sam Weller. Congratulations Sam!
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