Accounting Standards Board
AcSB Meeting Agenda – June 22, 2017
June 5, 2017. A summary of topics for discussion.
AcSB Decision Summary – May 16, 2017
May 31, 2017. An executive summary of discussions and decisions with respect to the topics addressed at this meeting.
Volunteer Opportunity – IFRS Transition Resource Group for IFRS 17 Insurance Contracts
May 31, 2017. The IASB is seeking applications for membership of this Group. Candidates should be financial statement preparers or auditors with practical and direct knowledge of the ongoing implementation of IFRS 17, and expertise in product types across a broad spread of geographical areas. Applications should be submitted by July 31, 2017.
Final Standard – Insurance Contracts
May 23, 2017. The IASB has issued IFRS 17 Insurance Contracts, which replaces interim standard IFRS 4 and applies to all types of insurance contracts. IFRS 17 is effective for annual periods beginning on or after January 1, 2021 with earlier application permitted for companies that also apply IFRS 9 and IFRS 15.
FYI Article – Breaking New Ground: AcSB Sets Up Agriculture Advisory Group!
May 17, 2017. The AcSB establishes Agriculture Advisory Group to provide input on agriculture guidance being developed.
Roundtable – Stakeholders’ Views Sought on How to Improve Disclosures in IFRS Financial Statements
May 10, 2017. Register to attend the AcSB’s roundtable discussions to share your views on the IASB’s Discussion Paper on the Principles of Disclosure.
FYI Article – AcSB Advisory Committees: A Glance at What’s Happening
May 10, 2017. Find out what the IFRS Discussion Group, Private Enterprise Advisory Committee and Not-for-Profit Advisory Committee are up to recently. Learn how they assist the Board in developing and maintaining accounting standards in Canada.
Not-for-Profit Advisory Committee Notes – February 22, 2017
May 4, 2017. These meeting notes provide a summary of discussions held.
AcSB Response – Annual Improvements to IFRS Standards 2015-2017 Cycle
May 3, 2017. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft issued in January 2017.
AcSB Meeting Agenda – May 16, 2017
May 1, 2017. A summary of topics for discussion.
FYI Article – Accounting for Investments: Are You Ready For the Changes?
April 28, 2017. This article provides an overview of the changes, and links to resource materials for private enterprises applying the new guidance for the first time.
AcSB Exposure Draft – Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34)
April 28, 2017. The AcSB has issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by July 31, 2017