Introduction to PSAS Financial Statements
By Stephanie Porter, Tim Duhamel
Experience a comprehensive introduction to PSAS financial statements adding to your professional development toolbox!
- Public sector and private sector financial statements
- Note Disclosure
- Basics of PSAS statement value
- Financial indicators of a public sector statement
- Presenting financial statement information to non-financial municipal professionals
- Presenting financial statement information to Council and the public
- Basic principles behind transparency and high quality PSAS statement presentations
- High level overview of key concepts – accounting for grants, taxes, developer levies and contributed assets
PD Credits: 1.5
Updated: Sep 25, 2019
Updated: July 9, 2020
About the Author
Stephanie Porter is a Chartered Professional Accountant (CPA, CA) and
external auditor with Metrix Group LLP.
She has a passion for education and is a course developer and instructor for the University of Alberta in addition to her work at Bloom.
She is the lead Associate of curriculum development and instruction for Bloom’s reporting and audit stream.
About the Author
Tim Duhamel is the founder and President of Bloom Centre of
He is a municipal veteran whose career has spanned over 21 years.
His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.
September 25, 2019
July 9, 2020
Gain an understanding of key differences between public sector and private sector financial statements. Learn about note disclosure best practices and what is required by legislation, with a high level overview of key concepts.
Also covered: the basics of PSAS statement value, financial indicators of a public sector statement, and presenting financial statement information to non-financial municipal professionals, Council and the public.
Key differences between public sector and private sector financial statements and note disclosures
Note disclosure best practices and what is required by legislation
How financial statements play a role in the business of municipal government and how they support evidence-based decision making
Learn how to use the key financial indicators of public sector statement for decision making, future planning and Council awareness
How to present financial statement information to municipal colleagues
Basic principles behind transparency and high quality PSAS statement presentations
Learn key concepts – accounting for grants, taxes, developer levies and contributed assets