The Public Sector Accounting Board (PSAB) published at the end of November 2016 an Invitation to Comment about the deferral provisions for employment benefits (recognition of gains and losses and valuation of plan assets), included in Sections PS 3250 and PS 3255. This publication will be of particular interest to people who are preparing financial statements in the public sector.
2015 is a critical year for complying with the pay equity act. Several organizations are to complete a pay equity audit exercise before the end of the year.
Normandin Beaudry believes that the audit exercise is one of good governance and can be completed with ease and have a positive impact on your organization's employee experience.