Active Projects

  • CRT: Cdn Roundtable
    HB: Cdn Handbook Release
    IRT: IASB Roundtable
    RE-ED: Re-exposure Draft*
  • DII: Draft IFRIC Interpretation*
    IFRS: Final IFRS
    IRV: IASB Request for Views
  • DP: Discussion Paper
    II: IFRIC Interpretation
    ITC: Invitation to Comment
  • ED: Exposure Draft*
    IPR: IASB Public Report
    RD: Review Draft
Publicly accountable enterprises and others that choose to adopt IFRSs§ 2013
Q2 Q3 Q4
Acquisition of an Interest in a Joint Operation (Amend IFRS 11) Final IFRS Cdn Handbook Release
Actuarial Assumptions: Discount Rate (Amend IAS 19) Exposure Draft
Annual Improvements 2010 – 2012 Final IFRS Cdn Handbook Release
Annual Improvements 2011 – 2013 Final IFRS Cdn Handbook Release
Annual Improvements 2012 – 2014 Exposure Draft
Bearer Biological Assets (Amend IAS 41) Exposure Draft
Clarification of Acceptable Methods of Depreciation and Amortization (Amend IAS 16 and IAS 38) Final IFRS Cdn Handbook Release
Conceptual Framework Discussion Paper
Defined Benefit Plans: Employee Contributions (Amend IAS 19) Final IFRS Cdn Handbook Release
Disclosure Requirements about Assessment of Going Concern (Amend IAS 1) Exposure Draft
Equity Method: Share of Other Net Asset Changes (Amend IAS 28) Final IFRS Cdn Handbook Release
Fair Value Measurement: Unit of Account (Amend IFRS 13) Exposure Draft
Financial Instruments (Replacement of IAS 39)
Classification and Measurement $acronymToDescription.get($code)
General Hedge Accounting Final IFRS Cdn Handbook Release
Impairment $acronymToDescription.get($code)
Macro Hedge Accounting Discussion Paper
Insurance Contracts Re-exposure Draft
Interpretations
Levies Charged by Public Authorities on Entities that Operate in a Specific Market IFRIC Interpretation Cdn Handbook Release
Leases Re-exposure Draft
Novation of Derivatives and Continuation of Hedge Accounting (Amend IAS 39 and IFRS 9) Final IFRS Cdn Handbook Release
Post-implementation reviews
Post-implementation review of IFRS 3 $acronymToDescription.get($code)
Post-implementation review of IFRS 8 IASB Public Report
Put Options Written on Non-controlling Interests Exposure Draft
Rate-regulated Activities Discussion Paper
Recognition of Deferred Tax Assets for Unrealized Losses (Amend IAS 12) Exposure Draft
Recoverable Amount Disclosures for Non-Financial Assets (Amend IAS 36) Final IFRS Cdn Handbook Release
Revenue Recognition Final IFRS Cdn Handbook Release
Sale or Contribution of Assets Between an Investor and its Associate or Joint Venture (Amend IFRS 10 and IAS 28) Final IFRS Cdn Handbook Release
Separate Financial Statements (Equity Method) (Amend IAS 27) Exposure Draft

The Accounting Standards Board (AcSB) contributes to the development of IFRSs by participating in consultations and activities of the International Accounting Standards Board on these active projects.  For example, the AcSB organizes opportunities for Canadians to discuss proposals, including with IASB members and its staff, develops recommendations, and responds to all documents for comments to ensure that Canadian entities’ financial reporting needs are considered by the IASB.

* The AcSB will issue a corresponding exposure draft or re-exposure draft shortly after the IASB document is available in English and in French.

§ Publicly accountable enterprises, other than pension plans, are required to adopt International Financial Reporting Standards (IFRSs) as Canadian GAAP for interim and annual financial statements related to fiscal years beginning on or after January 1, 2011. Qualifying  investment companies and segregated accounts of life insurance enterprises and entities with  rate-regulated activities can defer their changeover by three and four years, respectively.