Accounting Standards Board
FYI Article – Amendments to IFRS 10 and IAS 28: Effective Date Is Being Postponed!
November 26, 2015. Amendments are expected to be issued by the IASB by the end of the year that defer indefinitely the effective date of the amendments to IFRS 10 and IAS 28. This means that entities can wait to apply the amendments to IFRS 10 and IAS 28.
IASB Exposure Draft – Transfers of Investment Property (Proposed amendment to IAS 40)
November 23, 2015. The IASB has issued an Exposure Draft proposing an amendment to IAS 40 Investment Property. Canadian stakeholders are encouraged to submit their comments to the IASB by March 18, 2016.
IASB Exposure Draft – Annual Improvements to IFRSs 2014–2016 Cycle
November 20, 2015. The IASB has issued an Exposure Draft proposing amendments to three IFRSs as part of its annual improvements project. Canadian stakeholders are encouraged to submit their comments to the IASB by February 17, 2016.
Volunteer Opportunity – Accounting Standards Board
November 19, 2015. AcSOC is currently seeking new members to appoint to the Accounting Standards Board. Expressions of interest should be submitted no later than January 21, 2016.
AcSB Draft IFRIC Interpretation – Foreign Currency Transactions and Advance Consideration
November 17, 2015. The AcSB has issued a Draft Interpretation that corresponds to the proposed IFRIC Interpretation issued by the IASB’s IFRS Interpretations Committee on this topic. Stakeholders are encouraged to submit their comments, on the form provided, by January 19, 2016.
FYI Article – Clarifying the Cost Method: Subsidiaries and Investments
November 17, 2015. Do you use the cost method to account for an interest in a subsidiary or an investment subject to significant influence? Get an overview of the AcSB’s recent Exposure Draft on this topic.
Webinar – Accounting Standards Are Evolving for Not-for-Profit Organizations in the Private Sector: Stay Up to Date!
November 13, 2015. Tune in to this AcSB webinar on December 2, 2015 (French) or December 4, 2015 (English) to learn about the AcSB’s current and future projects for not-for-profit organizations in the private sector.
AcSB Draft IFRIC Interpretation – Uncertainty over Income Tax Treatments
November 12, 2015. The AcSB has issued a Draft Interpretation that corresponds to the proposed IFRIC Interpretation issued by the IASB’s IFRS Interpretations Committee on this topic. Stakeholders are encouraged to submit their comments, on the form provided, by January 19, 2016.
Volunteer Opportunity – Private Enterprise Advisory Committee
November 12, 2015. The AcSB is currently seeking new members to appoint to this Committee. If you have an interest in accounting and reporting standards for private enterprises, please submit a resumé by December 15, 2015.
FYI Article – IASB 2015 Agenda Consultation: Help the AcSB Shape the Future of IFRSs
November 11, 2015. You have an opportunity to influence the priorities of the IASB’s work plan! Respond to the AcSB’s Invitation to Comment, “IASB 2015 Agenda Consultation,” to help the Board prepare its response to the IASB.
AcSB Meeting Agenda – November 24, 2015
November 9, 2015. A summary of topics for discussion.
IFRS Discussion Group Meeting Agenda – December 3, 2015
November 6, 2015. An agenda covering the topics for discussion is now available. Get more information about the meeting to be held in Toronto, including how to attend in person.