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.
The Board is committed to participatory approach and remain customer-focused in delivery of its mandate
We promote the adoption of financial reporting, internal auditing, and risk management standards in the public sector
Financial Reporting Templates
Bring to the table win-win survival strategies to ensure proactive domination.Read more
Accounting and Financial Standards
The Directorate of Accounting Standards (DAS) sets generally accepted accounting and financial standards for all state organs and public entities.Read more
Internal Audit Standards
The Internal Audit Standards Directorate prescribes Internal Audit procedures consistent with the provisions of the PFM Act, 2012.Read more
Governance & Risk Management
We prescribes risk management frameworks, champions best practices in risk management, and supports public sector entities to manage risks effectively.Read more
Internal Audit Templates and Manuals
The directorate mainstreams best practices for good governance, internal controls and risk management.Read more
The FiRe Awards 2023
Financial Reporting Awards
The Financial Reporting Awards #FIReawards2023 has encouraged both the public and private sectors in the country to adopt disclosure of non-financial information since it is necessary for the sustainability of businesses.
This year’s FiRe Award theme is “utilizing technology and innovation to enhance the transparency of sustainability, governance, and financial information.
Our Vision: Globally acceptable standards on public sector financial accountability
Strengthening Internal Audit Functions in County Governments
In a groundbreaking initiative aimed at enhancing the internal audit functions within County Governments, the Public Sector ...Read More
Institute of Internal Auditors Releases The New Global Internal Audit Standards
The Institute of Internal Auditors has released new standards, the Global Internal Audit Standards, which will come into ...Read More