International Financial Reporting Standards (IFRSs)
Final Amendments – Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts
September 15, 2016. The IASB has issued narrow-scope amendments to IFRS 4 addressing concerns arising from implementing IFRS 9 before implementing the replacement standard that the IASB is developing for IFRS 4.
Rate-regulated Activities – AcSB Staff Research Paper
September 15, 2016. A paper examining the decision-usefulness of financial information that reflects the economics of rate-regulated activities will be discussed at upcoming meetings of the AcSB, the International Forum of Accounting Standard Setters, and the Accounting Standards Advisory Forum (ASAF). Register to hear the ASAF discussion on September 29, 2016.
Webinar – AcSB Update (Fall 2016)
September 14, 2016. Tune in to this webinar on November 7, 2016 (English) or November 14, 2016 (French) to get the latest updates from the AcSB on their current projects and a general update on developments in financial reporting.
Webinar – IFRS Update with the AcSB and IASB
September 12, 2016. Tune in to this webinar on October 12, 2016 to hear from the AcSB Chair, Linda Mezon, and IASB Board member, Stephen Cooper. Stephen will provide an update on IFRSs, giving Canadians a rare opportunity to discuss IFRS-related topics directly with a member of the IASB.
IFRS Discussion Group Meeting Agenda – September 13, 2016
August 9, 2016.An agenda covering the topics for discussion is now available. Get more information about the meeting to be held in Saskatoon, including how to attend in person.
AcSB Exposure Draft – Definition of a Business and Accounting for Previously Held Interests (Proposed amendments to IFRS 3 and IFRS 11)
August 8, 2016. 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 October 31, 2016.
IFRS Discussion Group – Report on May 31, 2016 Meeting
August 5, 2016. Read the report for details about the Group’s discussions. Listen to the audio recordings to hear the Group’s full discussion.
AcSB 2015-2016 Annual Report – Blazing the Trail
July 18, 2016. The theme of this year’s Annual Report articulates the momentum we achieved in expanding our stakeholder reach. Read more about the past year’s accomplishments, including the publication of our new Strategic Plan.
IFRS Foundation Exposure Draft – Trustees’ Review of Structure and Effectiveness: Proposed Amendments to the IFRS Foundation Constitution
July 8, 2016. The Trustees have issued an Exposure Draft proposing certain amendments to their constitution to further enhance the governance and funding arrangements of the IFRS Foundation. Canadian stakeholders are encouraged to submit their comments to the Trustees by September 15, 2016.
IFRS Foundation Feedback Statement – Trustees’ Review of Structure and Effectiveness
July 8, 2016. The Trustees have issued a Feedback Statement summarizing the comments they received in response to their July 2015 Request for Views on this topic.
Speech by the IASB Chair – Better Communication of Financial Statements
July 7, 2016. Read the IASB Chair Hans Hoogervorst’s speech delivered at the IFRS Foundation Conference in Zurich. He focuses on the IASB’s plans to prioritize improvements to the communications effectiveness of financial statements based on IFRSs — a main outcome of the recent Agenda Consultation and his priority in his second term as Chair.
IASB Exposure Draft – Definition of a Business and Accounting for Previously Held Interests (Amendments to IFRS 3 and IFRS 11)
July 5, 2016. The IASB has issued an Exposure Draft proposing amendments to IFRS 3 Business Combinations and IFRS 11 Joint Arrangements. Canadian stakeholders are encouraged to submit their comments to the IASB by October 31, 2016.