International Financial Reporting Standards (IFRSs)

WHAT'S NEW

AcSB Exposure Draft – Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9).
April 21, 2017. The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by May 24, 2017.

IASB Exposure Draft – Prepayment Features with Negative Compensation (Proposed Amendments to IFRS 9)
April 21, 2017. The IASB has issued an Exposure Draft proposing an amendment to IFRS 9 Financial Instruments. Canadian stakeholders are encouraged to submit their comments to the IASB by May 24, 2017.

IASB Exposure Draft – Improvements to IFRS 8 Operating Segments
April 5, 2017. The IASB has issued an Exposure Draft proposing amendments to IFRS 8 Operating Segments. Canadian stakeholders are encouraged to submit their comments to the IASB by July 31, 2017.

IASB Discussion Paper – Disclosure Initiative—Principles of Disclosure
April 4, 2017.  The IASB has issued a Discussion Paper that suggests principles to make disclosures in financial statements more effective. Canadian stakeholders are encouraged to provide feedback directly to the IASB by October 2, 2017.

AcSB Due Process Activities – 2016 Changes to Part I
March 27, 2017. This document summarizes the due process activities the AcSB undertook in support of the changes made to Part I of the Handbook during 2016.

Request for Issues – IFRS Discussion Group
March 24, 2017. The next meeting of the IFRS Discussion Group will be held in Toronto on May 30, 2017. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by April 13, 2017.

FYI Article – Changes to Published Exchange Rates
February 21, 2017. This article provides the IFRS Discussion Group’s perspectives on how the changes to the Bank of Canada’s published exchange rates could affect IFRS reporters.

IFRS Discussion Group – Report on November 29, 2016 Meeting
February 21, 2017. Read the report for details about the Group’s discussions. Listen to the audio recordings to hear the Group’s full discussion.

FYI Article – Get Ready. The Insurance Contracts Standard Is Coming!
February 21, 2017. The AcSB takes an active role in influencing the development of IFRSs and in endorsing a standard before incorporating it into Canadian GAAP.  Read this article to learn about extensive due process steps undertaken to date by the AcSB on the complex Insurance Contract standard.

AcSB Response – FASB Exposure Draft – Financial Services — Insurance
February 10, 2017. The AcSB has submitted a comment letter responding to the FASB’s Exposure Draft issued in September 2016.

AcSB Exposure Draft – Annual Improvements to IFRS Standards 2015 – 2017 Cycle
February 9, 2017. The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by April 12, 2017.

FYI Article – Take Stock of These Effective Dates
January 20, 2017. Be mindful of the effective dates of recently issued accounting standards and amendments affecting you.

1 2 3 4 5 6 7 ... Next Last