Pension Plans

Pension plans, and benefit plans that have characteristics similar to pension plans and provide benefits other than pensions, apply the accounting standards for pension plans in Part IV of the CPA Canada Handbook – Accounting. They do not apply IAS 26 Accounting and Reporting by Retirement Benefit Plans, included in Part I of the Handbook.

Section 4600, Pension Plans, in Part IV of the Handbook refers to either International Financial Reporting Standards in Part I of the Handbook, or accounting standards for private enterprises in Part II of the Handbook. Thus, pension plans should monitor activities related to the standards in Part I or Part II since amendments made to those standards may affect them.

Effective Dates for New Standards



Nancy A. Estey, CPA, CA
Principal, Accounting Standards Board
Phone: +1 (416) 204-3271