Accounting Standards Board

WHAT'S NEW

Panel Discussion – IFRS 15
September 23, 2016. On October 14, 2016, in Toronto, the AcSB will host a panel discussion on implementing IFRS 15 Revenue from Contracts with Customers. Hear about the key application issues and challenges, and tips to manage your implementation of this important new standard. Seats are limited. Register today!

Not-for-Profit Advisory Committee Notes – June 21, 2016
September 23, 2016. These meeting notes provide a summary of discussions held.

Request for Issues – IFRS Discussion Group
September 22, 2016. The next meeting of the IFRS Discussion Group will be held in Toronto on November 29, 2016. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by October 11, 2016.

Final Amendments – Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts
September 15, 2016. The IASB has issued narrow-scope amendments to IFRS 4 addressing concerns arising from implementing IFRS 9 before implementing the replacement standard that the IASB is developing for IFRS 4.

Rate-regulated Activities – AcSB Staff Research Paper
September 15, 2016. A paper examining the decision-usefulness of financial information that reflects the economics of rate-regulated activities will be discussed at upcoming meetings of the AcSB, the International Forum of Accounting Standard Setters, and the Accounting Standards Advisory Forum (ASAF).  Register to hear the ASAF discussion on September 29, 2016.

Webinar – AcSB Update (Fall 2016)
September 14, 2016. Tune in to this webinar on November 7, 2016 (English) or November 14, 2016 (French) to get the latest updates from the AcSB on their current projects and a general update on developments in financial reporting. 

AcSB Exposure Draft – 2017 Annual Improvements to Accounting Standards for Private Enterprises.
September 13, 2016. The AcSB has issued an Exposure Draft proposing amendments that will affect private enterprises and not-for-profit organizations. Stakeholders are encouraged to submit their comments by December 15, 2016.

Webinar – IFRS Update with the AcSB and IASB
September 12, 2016. Tune in to this webinar on October 12, 2016 to hear from the AcSB Chair, Linda Mezon, and IASB Board member, Stephen Cooper. Stephen will provide an update on IFRSs, giving Canadians a rare opportunity to discuss IFRS-related topics directly with a member of the IASB.

Rescheduled Fall 2016 Roundtable Discussions – Stakeholders’ Views Sought on the Agriculture Project
September 7, 2016. The AcSB has been meeting with stakeholders across the country to gather views on its Discussion Paper, “Agriculture.” We have rescheduled our remaining roundtables in an effort to reach as many stakeholders as possible. Complete the registration form to confirm your attendance!

AcSB Meeting Agenda – September 21-22, 2016
September 1, 2016. A summary of topics for discussion.

FYI Article – Subsidiaries and Interests in Joint Arrangements: Take Advantage of the Transitional Provisions in 2016
August 16, 2016. This article highlights the availability of transitional provisions on initial transition to Sections 1591 and 3056.

Private Enterprise Advisory Committee Notes – June 14, 2016
August 15, 2016. These meeting notes provide a summary of discussions held.

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