Board of Director(s) at the Public Sector Accounting Board

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Volunteer Opportunity – Public Sector Accounting Board

The Accounting Standards Oversight Council (AcSOC) is seeking new members to appoint to the Public Sector Accounting Board (PSAB).

Are you interested in driving public sector accounting standard setting in Canada? Do you want to help ensure that these standards are set in the public interest?

PSAB is currently completing its 2017-2022 Strategic Plan, and conducting public outreach on its Draft 2022-2027 Strategic Plan.

We need you

Responsible for volunteer appointments, AcSOC is currently looking for candidates such as:

  • academics;
  • auditors;
  • financial statement users;
  • financial statement preparers;
  • government not-for-profit sector professionals;
  • all levels of government; and
  • economists.

AcSOC maintains a balance of different backgrounds and perspectives amongst PSAB’s members. As a result, we have a particular need for female candidates and those with Government Not-for-Profit experience.

Attributes of all candidates should include:

  • a strong public interest perspective;
  • the seniority and credibility to be recognized as a “voice” in Canada and, as needed, internationally;
  • sufficient time and scheduling flexibility; and
  • the ability to work collaboratively to reach a consensus in order to develop high quality standards.

What’s in it for you

  • Learn about the roles various organizations play to ensure that Canadians can rely on and trust the Canadian public sector accounting standard-setting processes.
  • Understand the processes by which standards are established.
  • Recognize the challenges involved in setting standards that apply to all public sector entities.
  • Give back, while gaining in-depth knowledge and experience.

About the role

This demanding but rewarding volunteer role involves the following:

  • A minimum time commitment of approximately 130 hours per year, including preparation and meeting time, and potential stakeholder outreach opportunities.
  • Currently two video conference meetings per quarter. When conditions permit and travel resumes, a combination of virtual and in-person meetings in Toronto.
  • Effective April 1, 2022, for a three-year term, with the possibility of renewing for a second term.
  • Unpaid, with travel and other relevant costs reimbursed.

Please note: PSAB’s working language is English.

Apply today!

PSAB continues to prioritize diversity and inclusion on its Council and throughout the Boards. Lasting change can only happen if we all take action to address systemic racism and structural inequality, while creating opportunities for underrepresented communities. As such, PSAB is partnering with BIPOC Executive Search to ensure an applicant list that has greater representation from Black, Indigenous, and People of Colour, thereby reflecting Canada’s diverse population. We also encourage nominations for women, 2SLGBTQ+ persons and persons with disabilities. PSAB encourages all qualified candidates to apply online. Alternatively, apply through the “BIPOC Executive Search” app, which can be downloaded through the Apple Store or Google Play.

We thank everyone for their expression of interest—and are truly appreciative of the time individuals put into applying—but with the limitations of time only those selected for an interview will be contacted.

If you require a disability related accommodation to participate in our volunteer recruitment process, please email us at info@psabcanada.ca and we’ll be happy to work with you to meet your needs as they relate to interviewing for these positions.

To be considered for appointment to PSAB, provide an expression of interest and a CV outlining the following:

  • Your interest in this role.
  • Your strengths and capabilities relevant to the role.

Expressions of interest should be submitted by October 15, 2021.

Staff Contact(s)

Jean-François Trépanier CPA, CA
Vice-President, Standards
Financial Reporting and Assurance Standards Canada
Email: jftrepanier@frascanada.ca