International Financial Reporting Standards (IFRSs)
AcSB Response – Equity Method in Separate Financial Statements
March 5, 2014. The AcSB has submitted a comment letter responding to the IASB’s Exposure Draft.
IASB Webcasts – Investor Education Program
February 20, 2014. The IASB is developing a series of investor-focused webinars in collaboration with the CFA Institute to keep investors and analysts up to date on major accounting issues. View the first two webcasts in the series on “What should investors expect?” and “Off balance sheet accounting: plugging the loopholes.”
Canadian Member Appointed – IFRS Advisory Council
February 18, 2014. Maarika Paul, Executive Vice-President and Chief Financial Officer of the Caisse de Dépôt et Placement du Québec has been appointed as a Council Member by the Trustees of the IFRS Foundation.
Call for Applications – IFRS Foundation Trustees
February 14, 2014. The IFRS Foundation is seeking applications to fill Trustees vacancies beginning January 2015. Qualified candidates should have top-level experience in an organization with an interest in accounting standards. The Foundation is seeking Trustees from Europe, North America and an “At large” position. Applications should be submitted by March 16, 2014.
Call for Applications – IFRS Interpretations Committee
February 11, 2014. The Trustees of the IFRS Foundation are seeking applications for membership of the Committee beginning on July 1, 2014. Candidates should have the ability to identify and address issues concerning the practical application of IFRSs. Applications should be submitted by March 8, 2014.
IFRS Discussion Group Meeting Agenda – February 26, 2014
February 6, 2014. An agenda covering the topic for discussion is now available. Get more information about the conference call meeting, including how to listen in to the discussion.
IFRS Discussion Group – Report on December 2, 2013 Meeting
February 6, 2014. Read the report for details about the Group’s discussions. Listen to the audio recordings to hear the Group’s full discussion.
Request for Information – Post-implementation Review of IFRS 3 Business Combinations
February 4, 2014. The IASB has issued a Request for Information to seek input on the effect of implementing IFRS 3 and whether the standard is working as intended. Canadian stakeholders are encouraged to submit their comments to the IASB by May 30, 2014.
IFRS Discussion Group – IFRIC 21 Levies
January 31, 2014. The AcSB has issued a summary of the Group’s discussions on this topic.
Final Interim Standard – Regulatory Deferral Accounts
January 31, 2014. The IASB has issued IFRS 14. The interim standard permits qualifying first-time adopters of IFRSs to continue their previous GAAP accounting for regulatory deferral account balances, with limited presentation changes. IFRS 14 is effective for annual periods beginning on or after January 1, 2016 with earlier application permitted.
AcSB Response – Conceptual Framework
January 28 2014. The AcSB has submitted a comment letter responding to the IASB’s Discussion Paper.
AcSB Exposure Draft – Annual Improvements to IFRSs 2012 – 2014 Cycle
January 22, 2014. The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Canadian stakeholders are encouraged to submit their comments, on the form provided, by March 13, 2014.