Standards for Not-for-Profit Organizations

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PSAB Invitation to Comment – 2013-2016 Strategic Plan: Proposed One-year Extension to the Term of the Plan
April 28, 2016. PSAB has issued an Invitation to Comment that proposes to extend the term of its existing Strategic Plan by one year. Stakeholders are encouraged to submit their comments, on the form provided, by May 27, 2016.

CPA Magazine – Standards Digest – April 2016
April 5, 2016. CPA Magazine’s Standards Digest is a monthly snapshot into some of the latest standard-setting news and issues. This month, read about the AcSB’s 2016-2021 Strategic Plan and a Q&A with PSAB’s Director about the newly formed Public Private Partnerships Task Force.

AcSB 2016-2021 Strategic Plan – Accounting Standards in Canada: At the Leading Edge of Financial Reporting
March 30, 2016. Read our new five-year Strategic Plan, which takes effect on April 1, 2016. The Plan continues the overall strategies already adopted for the different categories of private sector reporting entities, and improves how they are being implemented.

Not-for-Profit Advisory Committee Notes – January 6, 2016
February 29, 2016. These meeting notes provide a summary of discussions held.

Exposure Draft – Withdrawal of Disclosure of Related Party Transactions by Not-for-Profit Organizations, Section PS 4260
January 21, 2016. PSAB has issued an Exposure Draft that proposes to withdraw Section PS 4260 and add a transitional provision to Section PS 2200, Related Party Disclosures. Stakeholders are encouraged to submit their comments, on the form provided, by April 29, 2016.

FYI Article – Mind the (New) GAAP: Remember These Effective Dates
January 14, 2016. Has a new annual reporting period begun for your organization? Make sure you know the effective dates of accounting standards issued recently.

LinkedIn – Follow us!
November 27, 2015. The boards and oversight councils are already on Twitter – Now you can follow us on LinkedIn! Stay in the know, share our news, and engage with us! We can’t wait to hear from you.

Webinar – Accounting Standards Are Evolving for Not-for-Profit Organizations in the Private Sector: Stay Up to Date!
November 13, 2015.  Tune in to this AcSB webinar on December 2, 2015 (French) or December 4, 2015 (English) to learn about the AcSB’s current and future projects for not-for-profit organizations in the private sector.

Job Opportunity – Director, Public Sector Accounting
October 8, 2015. CPA Canada is seeking a Director of Public Sector Accounting. This key leadership position requires both technical acumen and facilitation skills, and will bring together people and ideas, resulting in timely and high-quality standards. Résumés should be submitted by October 30, 2015.

CPA Magazine Standards Speak – On the Road Again with the AcSB’s Next Strategic Plan
September 14, 2015. In the September issue, AcSB Chair, Linda Mezon, explains how the new strategic plan outlines the Board’s vision, how it intends to operate and the broad policy objectives that will guide its standard-setting activities.

Job Opportunity – Principal, Accounting Standards
September 10, 2015. CPA Canada is seeking an individual to join the accounting standards team to develop accounting and financial reporting standards for public companies, private enterprises, not-for-profit organizations and pension plans in Canada.

FYI Article – The Evolution of Accounting Standards for Private Sector Not-for-Profit Organizations Continues
August 6, 2015.  This article discusses the AcSB’s recent decisions relating to these standards, including the next steps.

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