Accounting Standards Board
AcSB 2015-2016 Annual Report – Blazing the Trail
July 18, 2016. The theme of this year’s Annual Report articulates the momentum we achieved in expanding our stakeholder reach. Read more about the past year’s accomplishments, including the publication of our new Strategic Plan.
IFRS Foundation Exposure Draft – Trustees’ Review of Structure and Effectiveness: Proposed Amendments to the IFRS Foundation Constitution
July 8, 2016. The Trustees have issued an Exposure Draft proposing certain amendments to their constitution to further enhance the governance and funding arrangements of the IFRS Foundation. Canadian stakeholders are encouraged to submit their comments to the Trustees by September 15, 2016.
IFRS Foundation Feedback Statement – Trustees’ Review of Structure and Effectiveness
July 8, 2016. The Trustees have issued a Feedback Statement summarizing the comments they received in response to their July 2015 Request for Views on this topic.
Speech by the IASB Chair – Better Communication of Financial Statements
July 7, 2016. Read the IASB Chair Hans Hoogervorst’s speech delivered at the IFRS Foundation Conference in Zurich. He focuses on the IASB’s plans to prioritize improvements to the communications effectiveness of financial statements based on IFRSs — a main outcome of the recent Agenda Consultation and his priority in his second term as Chair.
AcSB Meeting Agenda – July 20, 2016
July 5, 2016. A summary of topics for discussion.
IASB Exposure Draft – Definition of a Business and Accounting for Previously Held Interests (Amendments to IFRS 3 and IFRS 11)
July 5, 2016. The IASB has issued an Exposure Draft proposing amendments to IFRS 3 Business Combinations and IFRS 11 Joint Arrangements. Canadian stakeholders are encouraged to submit their comments to the IASB by October 31, 2016.
Final Amendments – Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2)
June 30, 2016. The IASB has issued narrow-scope amendments clarifying how to account for certain types of share-based payment transactions. The amendments are effective for annual periods beginning on or after January 1, 2018 with earlier application permitted.
AcSB Decision Summary – June 23, 2016
June 30, 2016. An executive summary of discussions and decisions with respect to the topics addressed at this meeting.
AcSB Response – Financial Instruments and Disclosure
June 8, 2016. The AcSB has submitted a comment letter responding to the Office of the Superintendent of Financial Institutions’ Draft Guideline on IFRS 9 Financial Instruments and Disclosure.
AcSB Meeting Agenda – June 23, 2016
June 7, 2016. A summary of topics for discussion.
Request for Issues – IFRS Discussion Group
June 2, 2016. The next meeting of the IFRS Discussion Group will be held in Saskatoon on September 13, 2016. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by July 8, 2016.
AcSB Decision Summary – May 18, 2016
May 30, 2016. An executive summary of discussions and decisions with respect to the topics addressed at this meeting.