Standards for Not-for-Profit Organizations

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WHAT'S NEW

The ONE National Conference – September 18-19, 2017
June 22, 2017. Attend this year’s The ONE national conference in Ottawa, designed for all CPAs. AcSB Chair Linda Mezon will be speaking about the Board’s current priorities and activities, including an overview of standards soon taking effect and early-stage projects you can get involved with now.

PSAB 2016-2017 Annual Report – Progress Through Collaboration
June 14, 2017. The theme of this year’s Annual Report reflects the vital role our stakeholders play in standards development. Read more about our accomplishments including how we’ve expanded our stakeholder reach and made significant progress on many projects.

PSAB Work Plan – 2017-2018
June 8, 2017. This Work Plan sets out PSAB’s key activities and project milestones in 2017-2018.

PSAB 2017-2020 Strategic Plan – Our Journey Forward
May 24, 2017. Read our new three-year strategic plan, and see how our strategy continues to put stakeholders top of mind.

FYI Article – AcSB Advisory Committees: A Glance at What’s Happening
May 10, 2017. Find out what the IFRS Discussion Group, Private Enterprise Advisory Committee and Not-for-Profit Advisory Committee are up to recently. Learn how they assist the Board in developing and maintaining accounting standards in Canada.

Not-for-Profit Advisory Committee Notes – February 22, 2017
May 4, 2017. These meeting notes provide a summary of discussions held.

PSAB Exposure Draft – Revenue, Proposed Section PS 3400
May 1, 2017. PSAB has issued an Exposure Draft that proposes a framework describing two categories of revenue – exchange and unilateral. Stakeholders are encouraged to submit their comments, on the form provided, by August 15, 2017.

Webinar – Explore PSAB’s Exposure Draft on Revenue
April 5, 2017. Tune in to this webinar on June 26, 2017 (English) or June 27, 2017 (French) to learn about PSAB’s new Exposure Draft on revenue. We outline proposals regarding recognition, measurement, and disclosure of revenue.

Webinar – AcSB Spring 2017 Update - ASPE
March 31, 2017. Tune in to this webinar on May 9, 2017 (English) or May 10, 2017 (French) to get the latest updates on the AcSB’s projects for Redeemable Preferred Shares, Financial Instruments, Agriculture and other developments in financial reporting.

Survey – Revenue in Part II of the Handbook
March 29, 2017. Do you or your clients account for revenue using the private enterprise standards in Part II directly or via the not-for-profit standards in Part III? Here’s your opportunity to influence the AcSB in deciding whether to undertake a project on revenue in Part II. Complete this 20-minute survey by May 17, 2017.

Exposure Draft – Asset Retirement Obligations, Proposed Section PS 3280
March 9, 2017. PSAB has issued an Exposure Draft that proposes a new standard on asset retirement obligations. Stakeholders are encouraged to submit their comments, on the form provided, by June 15, 2017.

FYI Article – Change Is Coming to Accounting Standards for Not-for-Profit Organizations!
February 17, 2017. This article outlines the AcSB’s Exposure Draft and urges you to respond by May 31, 2017.

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