Accounting Standards Board

WHAT'S NEW

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.

Media Release – AcSOC Gets New Leadership; AcSB Chair Reappointed
March 10, 2016. Effective April 1, 2016 for three-year terms, Peter Jewett and Miville Tremblay will act as AcSOC’s new Chair and Vice-Chair, respectively. Also effective April 1, 2016 and set for an extended five-year term, Linda Mezon was reappointed as the AcSB’s Chair.

CPA Magazine – Standards Digest – March 2016
March 8, 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 Agriculture project and long-time PSAB Director Tim Beauchamp’s retirement.

AcSB Meeting Agenda – March 22-23, 2016
March 4, 2016. A summary of topics for discussion.

AcSB Response – Application of Materiality to Financial Statements
March 3, 2016. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft issued in October 2015.

Request for Issues – IFRS Discussion Group
March 3, 2016. The next meeting of the IFRS Discussion Group will be held in Toronto on May 31, 2016. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by April 15, 2016.

AcSB Response – Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts
March 1, 2016. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft issued in December 2015.

Not-for-Profit Advisory Committee Notes – January 6, 2016
February 29, 2016. These meeting notes provide a summary of discussions held.

AcSB Response – Annual Improvements to IFRSs 2014 – 2016 Cycle
February 26, 2016. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft issued in November 2015.

FYI Article – Explore the AcSB’s Discussion Paper on Agriculture
February 23, 2016. Your input is needed! How should private enterprises account for living plants and animals and the harvested products from those plants and animals? Find out about the AcSB’s preliminary views.

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