Who We Are
The Public Sector Accounting Standards Board (PSASB) was established and constituted in accordance to sections 192 and 193 of the PFM Act, 2012 through a Gazette Notice No. 1199 of 28th February 2014. At the Cabinet level, the Board is represented by the Cabinet Secretary to the National Treasury.
Globally acceptable standards on public sector financial accountability
To prescribe and promote adoption of financial reporting, internal auditing, and risk management standards in the public sector
The Board members and staff shall uphold the highest moral standards and professional competence in their service delivery. The Board will ensure fair competition and merit as the basis of appointments and promotions.
The Board is committed to participatory approach and remain customer-focused in delivery of its mandate
The Board shall endeavour to provide an enabling environment to achieve desired results promptly.
Transparency And Accountability
The Board shall conduct its business and render services to its stakeholders in a transparent and accountable manner.