--- title: "Navigating PSAB: Help is on the Way" description: PSAB reporting is very challenging. Our series Navigating PSAB provides support & guidance to finance officers who must report under the PSAB handbook image: https://blog.fhblackinc.com/hubfs/Blog%20Images/psab_image.jpg --- # Navigating PSAB: Help is on the Way ![avatar](https://app.hubspot.com/settings/avatar/6b77adfb7dae7be452f4a1a88f23b119 "avatar") Posted by Tricia Fraser Topic(s): [PSAB](https://blog.fhblackinc.com/topic/psab) Read Time: minute(s) - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhblackinc.com/navigating-psab-help-is-on-the-way) - [**](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhblackinc.com/navigating-psab-help-is-on-the-way&title=&summary=&source=) - [**](https://twitter.com/home?status=) - [**](https://www.instagram.com/fhb_inc) - [**](mailto:?&subject=https://blog.fhblackinc.com/navigating-psab-help-is-on-the-way&body=https://blog.fhblackinc.com/navigating-psab-help-is-on-the-way) ** Navigating PSAB is a series of articles designed to help finance officers who report under Public Sector Accounting Board guidelines. Those that do so know that PSAB can be challenging. Why is it a challenge? Consider an analogy if you will: It’s like we (finance officers & accountants) are in a kayak, navigating a rushing river. - The water in our analogy is the information that we must report on — both voluminous and fast moving. - The banks of the river in our analogy are provided by the [**Public Sector Handbook**](http://www.castore.ca/product/cpa-canada-public-sector-accounting-handbook/10).   - The Principles and Standards are the obstacles that you must navigate around; the rocks, trees, undercurrents and yes at times the wild animals. (Remember PS 3150 Tangible Capital Assets? That was a Bear!). While we realize our role as kayakers is to be quick and nimble, it can often feel like the flow of the river is hard enough to keep up with. Now, throw in a new boulder or branch and a crash can seem unavoidable. Just being aware of the [projects currently being discussed](http://www.frascanada.ca/standards-for-public-sector-entities/projects/active/item56215.aspx)  can help lessen the surprise and impact of our ever-changing reporting environment and thus help avoid a crash. ![iStock_000024481734_Full.jpg](https://blog.fhblackinc.com/hs-fs/hubfs/iStock_000024481734_Full.jpg?width=320&name=iStock_000024481734_Full.jpg "iStock_000024481734_Full.jpg")The value of staying current with PSAB is more than just reactionary. If you are aware and on top of the current projects being undertaken by PSAB, you can have a say in the direction that PSAB takes and ultimately affect the outcome of the process. In other words, you can ensure that the boulder doesn't sink your kayak and leave your struggling to avoid drowning. Watch here [In Black & White](https://blog.fhblackinc.com/) for status updates and discussions regarding current and future projects undertaken by the Public Sector Accounting Board. While we can’t control the water, knowing the river and what’s around the next bend can certainly help smooth the journey. * © 2025 FH Black Inc. All rights reserved. Content may not be reproduced, excerpted, distributed, or transmitted without prior written consent.* For more on this topic(s), see: [PSAB](https://blog.fhblackinc.com/topic/psab) Originally Posted on 31 March, 2016 [![Sign up for our blog today](https://no-cache.hubspot.com/cta/default/655977/0e93e82e-91e6-4ae3-ac4d-947bfe9eef4e.png)](https://cta-redirect.hubspot.com/cta/redirect/655977/0e93e82e-91e6-4ae3-ac4d-947bfe9eef4e) --- ### Recent Posts #### [By Jamie Black How Joint CIO–CFO Leadership Transforms Government Reporting](https://blog.fhblackinc.com/how-joint-cio-cfo-leadership-transforms-government-reporting) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/how-joint-cio-cfo-leadership-transforms-government-reporting) #### [By Rachel Raymond City of Vernon](https://blog.fhblackinc.com/city-of-vernon) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/city-of-vernon) #### [By Rachel Raymond City of Dubuque](https://blog.fhblackinc.com/dubuque_bb) [![read more](https://blog.fhblackinc.com/hubfs/raw_assets/public/Custom/page/Sodium_IMG/arrow-recent-blog-post.png "read more")](https://blog.fhblackinc.com/dubuque_bb) --- [![New Call-to-action](https://no-cache.hubspot.com/cta/default/655977/89ac0155-eece-440c-993d-847f72bafda3.png)](https://cta-redirect.hubspot.com/cta/redirect/655977/89ac0155-eece-440c-993d-847f72bafda3) Subscribe to our blog below ### Get in Touch  **F. H. Black & Company Incorporated** **Mailing Address:** Unit #1 – 1596 Regent Avenue West, Suite 303, Winnipeg, MB, R2C 4H4, Canada **Email:** [admin@fhblackinc.com](mailto:admin@fhblackinc.com) **Phone: **+1 844 852 5225 (Toll Free) ### Quick Links - [Request Technical Support](https://support.fhblackinc.com/) - [Professional Development](https://www.fhblackinc.com/professional-development) - [FAQ](https://www.fhblackinc.com/frequently-asked-questions) - [Resources](https://www.fhblackinc.com/resources-you-need-for-finance-evolution) - [Careers](https://www.fhblackinc.com/careers) [![RSS Feed](https://blog.fhblackinc.com/hs-fs/hubfs/rss-black.png?width=48&height=48&name=rss-black.png "RSS Feed")](https://blog.fhblackinc.com/rss.xml) Copyright © 2025 [F. H. Black & Company Incorporated](https://www.fhblackinc.com). All Rights Reserved. [Privacy policy](https://www.fhblackinc.com/privacy-policy) **