Accounting Standards Board


Final Amendments – Clarifications to IFRS 15 Revenue from Contracts with Customers
April 15, 2016. The IASB has issued narrow-scope amendments to the revenue standard to clarify some requirements and provide additional transitional relief for companies implementing the new standard. The amendments are effective for annual reporting periods beginning on or after January 1, 2018 with earlier application permitted.

Job Opportunity – Principal, Accounting Standards
April 12, 2016. CPA Canada is seeking an individual to join the accounting standards team to develop accounting and financial reporting standards for public companies, private enterprises, not-for-profit organizations and pension plans in Canada.

Survey – Where Should the AcSB Hold its Agriculture Roundtables?
April 12, 2016. The AcSB will be hosting in-person roundtable discussions on its Discussion Paper this summer. Help us decide which Canadian locations to visit by completing this short, four-question survey by May 5, 2016.

AcSB Decision Summary – March 22-23, 2016
April 7, 2016.An executive summary of discussions and decisions with respect to the topics addressed at this meeting.

AcSB Annual Plan – 2016-2017
April 7, 2016. The Annual Plan sets out the AcSB’s objectives and planned activities for publicly accountable enterprises, private enterprises and not-for-profit organizations, along with other initiatives to be undertaken in 2016-2017.

Private Enterprise Advisory Committee Notes – February 17, 2016
April 5, 2016. These meeting notes provide a summary of discussions held.

CPA Magazine – Standards Digest – April 2016
April 5, 2016. CPA Magazine’s Standards Digest is a monthly snapshot into some of the latest standard-setting news and issues. This month, read about the AcSB’s 2016-2021 Strategic Plan and a Q&A with PSAB’s Director about the newly formed Public Private Partnerships Task Force.

AcSB Meeting Agenda – April 20, 2016
April 5, 2016. A summary of topics for discussion.

AcSB 2016-2021 Strategic Plan – Accounting Standards in Canada: At the Leading Edge of Financial Reporting
March 30, 2016. Read our new five-year Strategic Plan, which takes effect on April 1, 2016. The Plan continues the overall strategies already adopted for the different categories of private sector reporting entities, and improves how they are being implemented.

AcSB Due Process Activities – 2015 Changes to Part I
March 24, 2016. This document summarizes the due process activities the AcSB undertook in support of the changes made to Part I of the Handbook during 2015.

AcSB Response – Transfers of Investment Property (Proposed amendment to IAS 40)
March 22, 2016. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft issued in November 2015.

Appointments – AcSOC, the AcSB and PSAB
March 21, 2016. AcSOC is pleased to announce appointments, as well as retirements and reappointments, to AcSOC, the AcSB and PSAB, effective April 1, 2016.

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