Standards for Not-for-Profit Organizations
CPA Magazine Standards Speak – One Size Doesn’t Fit All: The AcSB’s Strategy Holds True
June 5, 2014. In this month’s column, Linda F. Mezon, AcSB Chair, discusses the Board’s comprehensive review of the strategy it put in place to adopt separate accounting frameworks for various entities. Up next: the 2016-2021 strategic plan, which will soon require Canadians’ feedback.
AcSB Due Process Handbook
May 21, 2014. The documentation of the due process procedures followed by the AcSB has been updated.
CPA Magazine Standards Speak – Canada’s Public Sector Financial Reporting: A Look at Pensions
May 9, 2014. In this month’s column, Tim Beauchamp, Director, Public Sector Accounting talks about what’s happening in the world of pension accounting. PSAB has an existing standard on the topic, but is it due for review?
AcSB Strategic Initiative – Develop Next Strategic Plan
April 8, 2014. The strategic initiative will develop the AcSB’s next strategic plan. The AcSB will review experience with the current frameworks and seek input from stakeholders on how to better implement its strategies.
CPA Magazine Standards Speak – Get Your Voice Heard!
April 3, 2014. This edition of CPA Magazine contains the first Standards Speak, a monthly column that comments on accounting and auditing standard-setting news and issues that affect Canadians. This month, Glenn Rioux, VP, Standards at CPA Canada, talks about participating in the standard-setting process.
Webinar – Stay Informed about Developments in Canadian GAAP – Spring 2014 Update
April 3, 2014. Tune in to this webinar on May 8, 2014 (English) or May 26, 2014 (French) to learn about the current activities of the AcSB and how stakeholder input shapes developments in Canadian GAAP. The webinar will give you an insight into the ongoing developments in accounting standards for IFRSs, ASPE and NFPOs.
Basis for Conclusions – Reporting Employee Future Benefits by NFPOs – Section 3463
December 23, 2013. This document sets out how the AcSB reached its conclusions. As well, it sets out significant matters arising from comments received in response to its Exposure Draft and indicates how the Board dealt with the issues raised.
Webinar – How Is Canadian GAAP Being Further Developed?
October 23, 2013. Tune in to this webinar on November 5, 2013 (English) or November 19, 2013 (French) to learn about the current activities of the AcSB, including major projects being undertaken. The webinar will give you an insight into the ongoing developments in accounting standards for publicly accountable enterprises, private enterprises and not-for-profit organizations.
Roundtable Discussions – Stakeholders’ Views Sought on Proposals on Improvements to NFPO Standards
October 21, 2013. Register to attend the AcSB’s roundtable discussions this fall to share your views on the Statement of Principles, “Improvements to Not-for-Profit Standards,” issued jointly by the AcSB and the PSAB. The proposed changes are significant and will affect a wide range of stakeholders.
Request for Input – Financial Reporting User Needs
August 21, 2013. Does the reporting currently required by the CICA Handbook – Accounting adequately meet the needs of users of private sector NFPOs’ financial statements? Respond to this request for input by October 15, 2013 to help the AcSB develop future standards.
Statement of Principles – Improvements to Not-for-Profit Standards
July 15, 2013. The deadline for comments has been extended to December 15, 2013 from September 15, 2013 to allow sufficient time for consultation with stakeholders.
Exposure Draft – Reporting Employee Future Benefits by Not-for-Profit Organizations
June 26, 2013. The AcSB has issued an Exposure Draft proposing guidance for defined benefit plans on recognition and presentation of remeasurements and other items. Stakeholders are encouraged to submit their comments, on the form provided, by August 27, 2013.