Accounting Standards Board
New! AcSB Standard-setting Due Process Manual
April 20, 2018. Our revised due process manual provides you a clear explanation of our IFRS® Standards endorsement and domestic standard-setting activities. We use plain language, simplified content, and visuals, to ensure the rigorous set of procedures we undertake to set standards is easy for you to understand.
AcSB Decision Summary – April 9, 2018
April 20, 2018. The Board discussed matters related to its Agriculture project, approved its 2017-2018 Performance Report, and received input on a recent User Advisory Council meeting.
AcSB Exposure Draft – Accounting Policy Changes (Proposed amendments to IAS 8)
April 17, 2018. 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 27, 2018.
AcSB Decision Summary – March 20-21, 2018
April 11, 2018. The Board discussed topics such as Rate-regulated Activities, Financial Instruments – Narrow-scope Amendments, and Agriculture. Decisions were made on the 2018-2019 operating plan, AcSB Due Process Manual, and Member and Volunteer Self-Assessment Surveys.
Final Concepts – IASB® issues revised Conceptual Framework for Financial Reporting
April 9, 2018. The IASB has issued a revised Conceptual Framework for Financial Reporting to replace the Conceptual Framework issued in 2010. The revised Conceptual Framework is effective immediately for the IASB, and from January 1, 2020 for entities, with early application permitted.
Livestreaming – AcSOC June 7-8, 2018 Meeting
April 6, 2018. Attend AcSOC meetings in person or virtually! Observers will be able to see and hear the AcSOC meeting discussion in real-time via a livestream feed. Register as an observer now; spaces are limited!
We’re hiring! Director, Accounting Standards
April 5, 2018. The Director, Accounting Standards leads a team of highly skilled, energetic and committed professionals to advise and carry out the plans of the AcSB. We are looking for an innovative leader with strong people management skills. Apply today!
IASB® Exposure Draft – Accounting Policy Changes (Proposed Amendments to IAS 8)
April 4, 2018. The IASB issued an Exposure Draft proposing amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. Canadian stakeholders are encouraged to submit comments to the IASB by July 27, 2018.
IFRS® Discussion Group – Request for Issues
April 3, 2018. The IFRS Discussion Group wants to hear about the challenges you are facing with implementing new standards. Submit your issue to the Group by April 20, 2018. Attend the Group’s upcoming meeting on June 21, 2018 in person or virtually!
AcSB Annual Plan – 2018-2019
April 2, 2018. What’s in store for 2018-2019? The AcSB will be working on activities that forward our Strategic Plan’s vision, mission, and objectives. This includes: enhancing the relevance of financial information, support IFRS® Standards implementation, forwarding private enterprise and NFPO projects, and much more.
2017 Changes to Part I – AcSB Due Process – Endorsement Activities
March 29, 2018. How do new or amended IFRS® Standards make their way into the CPA Canada Handbook – Accounting? Find out via this summary – an overview of the due process activities we carried out in support of changes made to Part I of the Handbook last year.
AcSB Meeting Agenda – April 9, 2018
March 28, 2018. At its upcoming meeting the Board will consider an outreach plan for its exposure draft on agriculture and approve its 2017-2018 performance report.