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Pass Work Plan April 1, 2017, March 31, 2018PSABs Work PlanTable of Contents A.PLANNED TIMELINES AND DELIVERABLES ........................................................................... 3B.STRATEGIES
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PSABS stands for Public Sector Accounting Board Standards. It is a set of accounting standards used by public sector entities in Canada.
Public sector entities in Canada, including government departments, agencies, and Crown corporations, are required to file PSABS.
PSABS can be filled out by following the guidelines and instructions provided by the Public Sector Accounting Board.
The purpose of PSABS is to ensure consistency and transparency in the financial reporting of public sector entities.
PSABS requires public sector entities to report on their financial position, performance, and cash flows.
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