International Financial Reporting Standards (IFRSs)


IFRS Discussion Group Meeting Agenda – May 14, 2015
April 21, 2015. An agenda covering the topics for discussion is now available. Get more information about the meeting to be held in Toronto, including how to attend in person.

Speech by the IASB Chair – Financial Reporting Standards for the World Economy
April 16, 2015. Read the IASB Chair Hans Hoogervorst’s speech delivered in Toronto. He focuses on the mission of the IFRS Foundation and the IASB, provides an update on the progress being made towards global standards, and discusses two major projects on the IASB’s work plan that are highly relevant in Canada — revenue recognition and insurance accounting.

FYI Article – IFRS 15: The New Revenue Standard – Are You Ready?
April 2, 2015. This article discusses the IASB’s new standard on accounting for revenue and the more significant changes from current requirements. It also identifies a number of considerations for planning to implement the standard.

Volunteer Opportunity – IFRS Discussion Group
March 30, 2015.  The AcSB is currently seeking new members, with a preference for financial statement preparers, users and individuals from a mid-tier accounting and advisory firm. If you are interested, please submit a resumé by April 24, 2015.

Request for Issues – IFRS Discussion Group
February 3, 2015. The next meeting of the IFRS Discussion Group will be held in Toronto on May 14, 2015. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by March 9, 2015.

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