Accounting Standards Board
WHAT'S NEW
Appointment – New Vice-President, Standards, at CPA Canada
May 17, 2013. The Canadian financial reporting and assurance standards boards and oversight councils welcome the recent appointment of Glenn Rioux, MM, CPA, CA as the new Vice-President, Standards, at CPA Canada, effective June 1, 2013.
AcSB Exposure Draft – Financial Instruments: Expected Credit Losses
May 17, 2013. The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Canadian stakeholders are encouraged to submit their comments, on the form provided, by July 5, 2013.
Basis for Conclusions – Discontinued Operations – Amendments to Section 3475.
May 17, 2013. This document sets out how the AcSB reached its conclusions. As well, it sets out significant matters arising from comments received in response to its Exposure Draft and indicates how the Board dealt with the issues raised.
Canadian Member Appointment – IFRS Interpretations Committee
May 14, 2013. Mr Reinhard Dotzlaw has been appointed as a Committee Member by the Trustees of the IFRS Foundation. Mr Dotzlaw is the National Partner-in-Charge, Accounting Standards at KPMG LLP and a member of KPMG’s Global IFRS Panel.
IASB Survey – Classification and Measurement of Financial Assets
May 14, 2013. Analysts and investors are asked to provide input to the IASB on accounting for loan assets and debt securities held. Responses to the survey are due by May 31, 2013.
AcSB Response – Classification and Measurement: Limited Amendments to IFRS 9
May 6, 2013. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft.
AcSB Response – Novation of Derivatives and Continuation of Hedge Accounting
May 6, 2013. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft.
AcSB Annual Plan – 2013-2014
May 1, 2013. The Annual Plan sets out the AcSB’s objectives and planned activities for publicly accountable enterprise, private enterprises and not-for-profit organizations, along with other initiatives to be undertaken in 2013-2014.
Standards Digest – May 2013
May 1, 2013. Get up to date on board activities with this comprehensive summary. It includes recently issued pronouncements, documents open for comment, and a preview of what’s to come.
FYI Newsletter – April 2013
April 30, 2013. This edition includes the message from the Chair and articles on other topics of interest to stakeholders.
AcSB Meeting Agenda – May 14-15, 2013
April 30, 2013. A summary of topics for discussion.
AcSB Response – Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11))
April 30, 2013. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft on this topic.
