Active Projects

  • CRT: Cdn Roundtable
    ED: Exposure Draft*
    II: IFRIC Interpretation
    IRT: IASB Roundtable
    RD: Review Draft
  • DII: Draft IFRIC Interpretation*
    HB: Cdn Handbook Release
    IPR: IASB Public Report
    IRV: IASB Request for Views
    RE-ED: Re-exposure Draft*
  • DP: Discussion Paper
    IFRS: Final IFRS
    IRI: IASB Request for Information
    ITC: Invitation to Comment
    SP: Strategic Plan
Publicly accountable enterprises and others that choose to adopt IFRSs§ 2017
H1 H2
Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging Discussion Paper
Business Combinations under Common Control Discussion Paper
Conceptual Framework Final IFRS Cdn Handbook Release
Disclosure Initiative
Accounting Policies and Accounting Estimates (Amend IAS 8) Exposure Draft
Definition of Materiality (Amend IAS 1 and IAS 8) Exposure Draft
Materiality Practice Statement IASB Public Report
Principles of Disclosure $acronymToDescription.get($code)
Discount Rates IASB Public Report
Financial Instruments with Characteristics of Equity Discussion Paper
Goodwill and Impairment $acronymToDescription.get($code)
Insurance Contracts Cdn Handbook Release
Accounting for Uncertainties in Income Taxes IFRIC Interpretation Cdn Handbook Release
Narrow-scope amendments
Annual Improvements 2015 – 2017 $acronymToDescription.get($code)
Classification of Liabilities (Amend IAS 1) Final IFRS Cdn Handbook Release
Definition of a Business (Amend IFRS 3) $acronymToDescription.get($code)
Improvements to IFRS 8 Operating Segments (Amend IFRS 8 and IAS 34) $acronymToDescription.get($code)
Prepayment Features with Negative Compensation (Amend IFRS 9) $acronymToDescription.get($code)
Previously Held Interests in a Joint Operation (Amend IFRS 3 and IFRS 11) Final IFRS
Property, Plant and Equipment: Proceeds before Intended Use (Amend IAS 16) Exposure Draft
Remeasurement on a Plan Amendment, Curtailment or Settlement/Availability of a Refund of a Surplus from a Defined Benefit Plan (Amend IAS 19 and IFRIC 14) Final IFRS
Post-implementation reviews
IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, and IFRS 12 Disclosure of Interests in other Entities $acronymToDescription.get($code)
IFRS 13 Fair Value Measurement IASB Request for Information
Primary Financial Statements Discussion Paper
Rate-regulated Activities Discussion Paper
Share-based Payment IASB Public Report

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.

§ Qualifying entities with rate-regulated activities 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, 2015.