Standards for Not-for-Profit Organizations

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WHAT'S NEW

Keeping pace with progress – AcSB 2017-2018 Annual Report
June 27, 2018. Supporting IFRS® Standards implementation to advancing Part II and Part III projects, and continuing research on new types of pension obligations – we kept pace with progress and met our goals. Read about our 2017-2018 activities and accomplishments in our Annual Report, including new work helping to enhance the relevance of financial reporting.

Work with us! Seeking a new accounting standards principal
June 26, 2018. We are looking for a highly-skilled, enthusiastic, and committed accounting standards team member to advise and carry out the plans of the AcSB. Apply today!

Draft Framework for Reporting Performance Measures – Enhancing the relevance of financial reporting
June 14, 2018. The AcSB is stepping up to enhance the relevance of financial information for all entities – from public and private companies, to not-for-profit organizations and pensions plans. We need you to join the discussion and help improve financial and non-financial performance measures reported outside of financial statements. Read and comment by September 17, 2018.

Reporting Performance Measures – Enhancing the Relevance of Financial Reporting
June 1, 2018. It’s time for leadership. The AcSB is stepping up to enhance the relevance of financial information for all entities by issuing a Draft Framework for Reporting Performance Measures. The Framework will be issued June 14, 2018 and needs your feedback! Read more about this important initiative and stay up to date.

FEI Canada Annual Conference June 13-15, 2018 – Linda Mezon, AcSB Chair, to present
May 2, 2018. Attend Linda Mezon’s June 14, 2018 presentation, when she will officially launch the new Performance Measures Framework project! FEI Canada’s annual conference takes place June 13-15, 2018 in Halifax, NS. The event is a platform for senior financial leaders to network, exchange ideas, learn and find solutions to current challenges. We look forward to seeing you there!

New! AcSB Standard-setting Due Process Manual
April 20, 2018. Our revised due process manual provides you a clear explanation of our IFRS® Standards endorsement and domestic standard-setting activities. We use plain language, simplified content, and visuals, to ensure the rigorous set of procedures we undertake to set standards is easy for you to understand.

Livestreaming – AcSOC June 7-8, 2018 Meeting
April 6, 2018. Attend AcSOC meetings in person or virtually! Observers will be able to see and hear the AcSOC meeting discussion in real-time via a livestream feed. Register as an observer now; spaces are limited!

We’re hiring! Director, Accounting Standards
April 5, 2018. The Director, Accounting Standards leads a team of highly skilled, energetic and committed professionals to advise and carry out the plans of the AcSB. We are looking for an innovative leader with strong people management skills. Apply today!

AcSB Annual Plan – 2018-2019
April 2, 2018. What’s in store for 2018-2019? The AcSB will be working on activities that forward our Strategic Plan’s vision, mission, and objectives. This includes: enhancing the relevance of financial information, support IFRS® Standards implementation, forwarding private enterprise and NFPO projects, and much more.

Basis for Conclusions — Accounting Standards Improvements for Not-for-Profit Organizations
March 1, 2018. This document sets out how the Board reached its conclusions, and includes discussion of significant matters arising from comments received and issues raised in response to its Exposure Draft.

In Brief – Results of Stakeholder Survey on Section 3400
February 27, 2018. In Brief is a new resource that provides a plain and simple overview on technical topics. Read the Board’s In Brief for an overview of what stakeholders think about the existing Section 3400, Revenue, in the CPA Canada Handbook - Accounting.

Stay up to date – Effective Dates – Standards for Not-for-Profit Organizations
February 5, 2018. While there are no new standards or amendments specific to not-for-profit organizations this year, make sure you’re up to date on any relevant amendments to the standards for private enterprises that become effective for annual periods beginning on or after January 1, 2018.

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